Carbon markets in Latin America are poised for take-off. With a
rich history of involvement in hydrocarbon production and huge
natural carbon sinks, such as the Amazon, Latin America has
tremendous potential in the creation of carbon credits. Further, a
growing number of countries stand ready to activate trading in
carbon credits, whether through voluntary or compliance markets,
and a growing number of companies are announcing net zero targets
that will only be achievable through access to functioning carbon
trading markets.
The evidence of climate change is ever present and increasing,
and investors and the public have increased their scrutiny of
companies and their greenhouse gas (GHG) emissions. Many companies
are answering the call to establish net-zero emissions targets, as
are the countries in which they work and are based, many of which
have pledged to reduce emissions in the context of the Paris
Accords. These factors drive demand for functioning carbon