Nationalisation Risk: Will Host Countries Hedge Their Bets Between Article 6 and the Voluntary Carbon Markets?

COP27 has affirmed the view that country authorisation frameworks are a critical issue in making Article 6 markets operational. Countries will have to enact legislation to establish or put in place a national control or authorisation framework (National Framework) to facilitate or enable them to (i) comply with their Paris Agreement reporting obligations under Articles … Nationalisation Risk: Will Host Countries Hedge Their Bets Between Article 6 and the Voluntary Carbon Markets?