BMO Hosts VCM Roundtable Discussion During NY Climate Week

Green leaf and CO2 reducing icon with environment social governance for decrease carbon dioxide emission ,carbon footprint and carbon credit to limit global warming from climate change concept

BMO hosted a roundtable discussion on the state of play in the voluntary carbon market during Climate Week in NYC. At the moment, the risks associated with corporate offsetting outweigh the benefits. This has created a state of paralysis in the voluntary carbon market (VCM), impacting both volume and price to the downside for the time being. In this report, Rachel Walsh discusses developments in the VCM, highlighting key themes from the roundtable discussion.


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Rachel

Rachel Walsh, CFA

Environmental Commodities Strategist, BMO Capital Markets

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