In this episode of SmarterMarkets™, host Dave Greeley interviews Dirk Forrester, President and CEO of AIDA, to discuss the latest developments in climate and carbon markets. Forrester highlights the significant progress in establishing national carbon markets in countries like India, Indonesia, Thailand, and Brazil, while also noting advancements in existing markets in the European Union and China. The conversation explores the motivations behind these countries' actions, including fulfilling Paris Agreement obligations and recognizing business opportunities in the green technology sector. They also discuss the impact of U.S. policy changes on international climate efforts and the potential for harmonization of carbon market programs. The episode concludes with a preview of AIDA's North America Climate Summit 2025 and a look ahead to COP30 in Brazil, focusing on market convergence and international cooperation.
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