ClimateTrade has become a member of the International Emissions Trading Association (IETA), the leading non-profit business association working to establish a functioning carbon market.
Joining IETA will allow ClimateTrade to be part of international efforts to create effective market-based trading systems for carbon emissions and advance the United Nations’ Sustainable Development Goals.
IETA members include financial institutions, carbon brokers and traders, consultants, energy and power providers, industry, law firms, standards and registries, as well as technology providers such as ClimateTrade.
The association has set up a number of working groups to analyse the market and suggest new policies and protocols around forestry, REDD+, voluntary markets, market oversight, and how decisions in the US and EU are affecting players and investors, directly and indirectly.
“Joining IETA gives ClimateTrade a seat at the table with the world’s major business leaders to discuss and influence the future of carbon markets. We look forward to working with the association and its members to shape the way forward and support large-scale global decarbonization,” says Francisco Benedito, CEO of ClimateTrade.