To meet the 1.5 °C Paris objective, the globe must halve greenhouse gas emissions by 2030, reach net zero GHGs by 2050, and remove 10-15 billion tonnes per year by 2100.  If carbon markets are to contribute to the achievement of this objective, their rollout pace and efficacy must be dramatically increased. Josh will survey the world’s major carbon markets, outline reasons for concern and hope, and offer a prescription that will empower those that have the greatest opportunity to effect change and who will bear the consequences of the climate crisis.

Josh Margolis leads EDF’s efforts to develop and deploy CarbonSim, a carbon market simulation tool. Over his 35+ year career, he has provided policy analysis, market assessments, emissions brokerage services, environmental credit regulation evaluation/development, and simulation services to stakeholders that administer, advise on, or are subject to emissions trading system (ETS) programs.