EU carbon market update: 9 March 2020

The coronavirus outbreak has added to the headwinds facing the EU Allowance market and any hint of upside is likely to find willing sellers, says Tom Lord*.

WCI Carbon Market Update, 9 March 2020

The outlook for California Carbon Allowances remains bullish but the coronavirus outbreak could have a significant negative impact on prices if the situation deteriorates, says Nicolas Girod*.

EU Green Bond Standard moves a step closer

Final recommendations for an EU Green Bond Standard (GBS) have been published by the EU Technical Expert Group on Sustainable Finance but their regulatory status will not be confirmed until the third quarter of this year.

Updated EU taxonomy unveiled

The proposed taxonomy of green activities that will underpin the EU's Sustainable Finance Action Plan was updated and expanded today - and now includes criteria for climate adaptation activities.