Carbon Market Coalition Welcomes 18 Member Countries at COP30

Brazil has launched an Open Coalition on Compliance Carbon Markets at COP30, now backed by 18 countries including Brazil, China, the EU, UK, Canada, Chile, Germany, Mexico, Singapore and Norway. The coalition aims to create shared standards and a common carbon pricing framework by linking national compliance markets, harmonizing MRV and accounting rules, and ensuring environmental integrity and just transition. Officials emphasize that regulated carbon markets are a key tool to phase down fossil fuels in an orderly, equitable way and to increase liquidity, predictability and transparency in carbon trading.
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