Insights to navigate rapidly evolving carbon markets

This quarter: US policy changes disrupt clean energy, Germany launches national carbon dioxide removal (CDR) procurement, and Europe advances its emissions trading system (ETS) and scope 2 rules, major shifts that together are reshaping global markets.

Key takeaways:

• FEOC rules may slow US project timelines and raise costs

• Germany’s procurement could set a global precedent for CDR

• Europe’s ETS expansion signals convergence with voluntary markets

• Biodiversity is core to nature-based CDR but needs better measurement