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Carney's carbon offsetting task force banks on turning 'fragmented' credits market into a force for global good

Oct 17, 2020 - The Daily Telegraph (London)
Board and Executive Moves

MARK CARNEY, the former Bank of England governor, is set to establish a "credible" carbon offsetting market by the beginning of next year so buyers trying to offset their emissions "do the good they intend to".

Boris Johnson's climate change adviser has set up a private sector task force to establish standards for the booming market, which they estimate will have to grow by up to 160 times if ambitious net zero targets are to be met.

Bill Winters, the Standard Chartered CEO, who is l...