Path 1: State and Future of the North American Carbon Market Part 1 – Compliance Markets

Path 1: State and Future of the North American Carbon Market Part 1 – Compliance Markets

Carbon markets in North America remain important tools for reducing emissions, gathering financing to support other climate change options, and reaching climate change goals. Compliance markets also have the responsibility to support federal and subnational climate goals. Part one of a two-part session on North American carbon markets will take a look at WCI, RGGI, Mexico’s ETS and Canada’s GHG Offset Credit System. While WCI will have held its 34th joint auction by the time of NACW, Mexico’s ETS just started its operational phase in 2023 and Canada’s system is also less than a year into operation. Analysts and market players will discuss key near term developments and potential impact for these compliance markets.