2021 will probably be remembered as the year when carbon finance emerged as a talking point among a wide range of industries. In a market note released at the start of May, the most liquid carbon credits exchange currently, the New York-based Xpansiv CBL, shared a figure that made that clear: on May 7, CBL's year-to-date carbon volume of more than 30 million tons of CO2 traded emissions was already approaching 2020's full-year record of 31 million tons. Among the 2021 new entrants in voluntary carbon markets, oil and gas majors, hedge funds and banks were heard as the most active players, resolutely taking positions ... (full story)