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London Stock Exchange aims to bring firms' carbon claims 'out into daylight'
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cnbc.comIn this article
The London Stock Exchange is aiming to make funding for carbon reduction projects more transparent, introducing a new market that it says will help the industry to scale.
Currently, so-called voluntary carbon markets allow companies to buy and sell carbon credits. Carbon credits are created by projects that help reduce or avoid emissions and can be bought by firms as a way to offset the greenhouse gases they release.
But the LSE said the system «remains small and fragmented and as such it lacks the market infrastructure and access to institutional investment that will truly enable it to scale,» in an online statement last week.
Speaking to CNBC's «Squawk Box Europe» Tuesday, LSE CEO Julia Hoggett said: «One of the
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