Roman Kramarchuk leads S&P Global's climate market division, while Jonty Rushforth heads their Environmental Solutions Group, and Ivy Yin specializes in energy transition. They discuss outcomes from COP29, highlighting the first consensus on international carbon trading in nearly a decade. The guests delve into the new climate finance targets set for developed countries and the skepticism from developing nations. They explore the complexities of carbon markets and the controversial Carbon Border Adjustment Mechanism, emphasizing the ongoing challenges for effective climate funding.

Roman Kramarchuk, Head of Climate Strategies at a leading environmental solutions firm, dives into the world of carbon markets. He discusses the significant growth of these markets, now covering a quarter of global emissions. The conversation highlights the differences between voluntary and compliance markets and their roles in achieving decarbonization targets. Kramarchuk also tackles the political dynamics affecting carbon trading and emphasizes the importance of high-quality credits for sustainable practices in both developed and developing economies.