The London Stock Exchange (LSE) has announced plans to develop a "market-based" solution it says would accelerate the availability of financing for low carbon projects.
According to the company, there is a growing consensus regarding the need for a global and scalable "voluntary carbon market" that can deliver a "rigorous, market-based approach" for investment in activities that reduce and remove global carbon emissions. This would "accelerate the availability of financing" for projects that could support a "just transition" to a low carbon economy. LSE said its initiative would address two major challenges that currently restrict this market: access to capital at scale for the development of new climate projects worldwide and primary market access...
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