Trafigura will launch a Carbon Trading desk. Trafigura believes its entry into this market will connect producers of offsets to its network of oil, metals and minerals customers including producers and end users.
According to Trafigura, regulated and voluntary carbon offset markets will have an important role to play in the progression towards a carbon neutral world for industries with emissions that cannot otherwise be eliminated or reduced through investment and operational optimisation.
Carbon offset markets provide the means for price discovery to drive the reduction of greenhouse gas emissions in existing supply chains and to encourage investment in carbon sequestration measures and technologies.
We are delighted to announce the formation of a dedicated Carbon Trading team which will enable us to respond to customer demand, whilst supporting investments in decarbonisation projects globally. This is an important development for the company which we believe has the potential to contribute significant future growth
said Jeremy Weir, Trafigura’s Executive Chairman and CEO.
