Establishing CO2 as an Asset Class in Voluntary Carbon Markets

Abstract

In Fall 2022, the MIT Climate and Sustainability Consortium (MCSC) hosted a study group focused on carbon markets, in the form of a panel discussion. Experts answered questions and engaged with audience members on how to improve the present state of carbon credit and offset markets. The primary goal of the session was to consider how carbon markets need to evolve, what can be done to accelerate the necessary transition, and the role of co-benefits in the marketplace. This Topic Brief is a summary of content discussed, with selected references for further reading. Quotes from panelists are provided below the relevant aspects of the discussion.