European Climate Summit

April 16 - 17, 2019

Lisbon, Portugal

Mootral attending the European Climate Summit

Mootral is sponsoring the European Climate Summit in Lisbon, April 16-17, 2019. During this unique conference, organised by the International Emissions Trading Association (IETA), Mootral will be conducting a Carbon Markets Survey alongside industry experts*. The objective of this survey is to get a better understanding of the state of the current and future carbon credits markets, and their prices, in both the voluntary and regulated markets. If you want to find out what the industry thinks please fill out this survey (5mins).

About the European Climate Summit

This IETA-led European summit, taking place on April 16th to 17th 2019 in Lisbon, will bring together leading climate and energy practitioners to discuss and analyse key developments in carbon markets and emissions trading, green finance, industry decarbonisation and energy transition, and beyond.

Our Findings

Paris Agreement sentiment: The majority of respondents (63%) thought that the current carbon markets were ready to support the Paris Agreement.

Carbon pricing trends: Respondents thought that the average carbon offset price (voluntary markets) should be €13 in 2020 and €24 in 2025. This is an increase of 85% in 5 years, and about half the price of the current EU ETS price (€26).
In terms of an actual global carbon price, respondents thought that it should be €35 in 2020 and €52 in 2025. This is a 50% increase over 5 years, and 35% higher than the current EU ETS price.

Carbon credit drivers and criteria: The majority of buyers and sellers were driven to meet carbon targets, manage risks (corporate and financial) and comply with regulations. SDGs and communication/marketing value were very low within the regulated market but highest in the voluntary market.

* n= 54 people from 4 continents & 14 countries. Private sector 72% and the carbon or energy industries (65%). Mostly mid-C-Suite level (61%).