The London Stock Exchange (LSE) has become the first major trading venue to set listing rules for companies that finance carbon offset projects to grow the market and enhance transparency.
As companies seek to achieve net-zero emissions goals through projects such as tree planting or renewable energy, demand for carbon offsets is expected to soar.
Such rules are likely to be debated at climate talks in Egypt in November, but the global market for voluntary carbon credits, as opposed to binding commitments to cut emissions by companies and countries, remains largely unregulated.