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International
| Professional Article
This year was pivotal for global emissions trading and carbon markets. Existing markets, such as the EU and New Zealand, began making changes to be even more ambitious; new markets started operations, such as China’s national ETS, or are being developed or expanded, such as Colombia and Chile. The strong interest in voluntary markets reflected surging corporate moves to net zero. And that was all before governments finalised the rules for Article 6 of the Paris Agreement at the UN climate talks in Glasgow in November, breathing life into the markets of tomorrow.
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