The Center’s expert took part in the Asia Climate Summit
The Center’s expert Anton Tsvetov took part in the annual Asia Climate Summit in Tokyo (Japan), organized by the International Emissions Trading Association (IETA) and the International Energy Agency (IEA). The event brought together regulators, the private sector, verifiers, traders, and other participants of the international carbon market.
Discussions took place with the innovations in regional carbon markets on the background. These include the unveiling of India’s plans to launch a regulated carbon asset trading system, the re-launch of a national offset system in China, the launch of a cap-and-trade system in Indonesia’s energy sector, and the development of quality criteria for carbon units to count towards a carbon tax in Singapore.
It was noted that carbon markets are fragmented, because differences in regulation divide the world into jurisdictions with significantly different rules for the issuance and trading of carbon assets. Special attention was paid to the prospects of launching a centralized mechanism of Article 6.4 of the Paris Agreement, which could potentially become the gold standard for the system of issuance in carbon markets. Meanwhile, the voluntary market is experiencing an active self-regulation moment, when, in the absence of uniform international rules, the private sector is developing standards for the quality of carbon units and approaches to the formation of demand for assets.
Other news
In 2019-2022, Anton Tsvetov supervised the work with the organizations of the UN and the Group of Twenty in the Ministry of Economic Development of Russia. He was engaged in negotiations on sustainable development and climate change issues, including the issue of carbon markets (Art. 6 of the Paris Agreement). He also worked on the presentation of the first Russian Voluntary National Review of the implementation of the Sustainable Development Goals in the UN. Prior to joining the civil service, Anton worked in research centers, working out policy recommendations in the field of international relations and global development, specifically in the Center of Strategic Research (CSR) and in the Russian International Affairs Council (RIAC). He is the author of more than 100 publications in Russian and foreign scientific journals, as well as in analytical media and mass media. An alumnus of international leadership development programs in Germany, India and the US.