The voluntary carbon market: market failures and policy implications

Companies that have announced climate targets (for instance: becoming “net zero” by 2050) represent a market capitalization of over $20 trillion. Almost all of them will rely on carbon offsets to reach their goal. In this Article we investigate the functioning of the market on which these offsets ar...

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Bibliographic Details
Main Authors: Battocletti, V, Enriques, L, Romano, A
Format: Working paper
Language:English
Published: European Corporate Governance Institute 2023