16.01.2025Getting it right the third time - making sure Article 6.4 becomes a credible benchmark for international carbon markets - Axel Michaelowa

As we start the year 2025, the world is in turmoil. Wars are raging. Protectionism is on the rise. Unilateralism is triumphant. Societal fractures abound. Weather extremes driven by accelerating climate change wreak havoc.

Even wealthy nations show an appalling lack of preparedness as shown by the recent flooding in Spain killing 230 people. 2024 was the first year to break the threshold of 1.5°Celsius (C) warming from pre-industrial times. We are perilously close to key tipping points of the climate system and warnings by reputed researchers are becoming more and more strident.

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