Xavier Pye, Sustainability Expert at ZETA, recently shared his perspectives with OilPrice.com on the evolving importance of voluntary carbon markets (VCMs) in global decarbonization.
Drawing on his experience in Abu Dhabi, Xavier highlights that VCMs, once considered fragile, are now gaining renewed momentum. Governments increasingly recognize their ability to mobilize private finance and serve as a bridge toward net-zero targets.
He points to greater integration with compliance markets, the establishment of clearer quality standards, and support from international frameworks such as CORSIA and Article 6 of the Paris Agreement.
“The VCM is evolving, not collapsing… and early movers may be rewarded,” says Xavier.
Read the full article here 👉 https://oilprice.com/Energy/Energy-General/The-Quiet-Comeback-of-Voluntary-Carbon-Markets.html