1、 As our premier thought leadership product,Citi GPS is designed to help readers navigate the most demanding challenges and greatest opportunities of the 21st century.We access the best elements of our global conversations with senior Citi professionals,academics,and corporate leaders to anticipate t

2、hemes and trends in todays fast-changing and interconnected world.This is not a research report and does not constitute advice on investments or a solicitations to buy or sell any financial instruments.For more information on Citi GPS,please visit our website at CARBON MARKETS A Critical Piece of th

3、e Net Zero Puzzle The voluntary carbon market(VCM),although nascent,has managed to provide financing for many sustainable projects.This report provides a guide for companies to help navigate the VCM.We discuss how the market works,describe what initiatives are being done to improve it,and identify s

4、ix steps that companies can use to help them use the VCM effectively.Citi GPS:Global Perspectives&SolutionsCiti GPS:Global Perspectives&Solutions July 2023 Citi GPS:Citi GPS:Global Perspectives&Solutions July 2023 Primary Authors Elizabeth Curmi is Head of Climate Finance&Energy Transition within Ci

5、tis Global Insights division working on developing thought-leadership content on sustainability and ESG.Prior to joining Citi,she worked as a postdoc researcher at the University of Cambridge focusing on the interconnections between water,energy,and food resources and their impacts on greenhouse gas

6、 emissions.Liz has published several academic papers and has also co-authored a number of the most-read Citi GPS reports including the United Nations Sustainable Development Goals,Energy Darwinism series,Hard-to-Abate Sector and Emissions,and Food and Climate Change.Liz has a PhD in environmental ec