JPMorgan warns that without strengthened infrastructure and continued innovation, carbon credit markets risk further erosion of trust and demand after recent stagnation
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the bank cautioned that failure to do so could further erode trust and demand in a market that has contracted and stagnated over the past two years.
JPMorgan said carbon is an asset class that is “poised to mature as market infrastructure strengthens and innovation continues.” However, if either of those factors fail to materialize, there could be “further erosion of trust and demand” in a market that in the past two years has “contracted and then stagnated,” the bank said.
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