Carbon Policy, Finance, Markets, Challenges (this is not a self-paced course)

November 20 - December 1, 2023

In the world of forest carbon, there exists a range of different regulating bodies, rules, and regulations. This course begins by defining and providing examples of different carbon-related policy scales (from local to international) and types (from legally binding to suggested guidance). Next, aspects of carbon finance are considered, including land-use economics, and both program- and market-based payments for ecosystem services (PES). The course then examines different carbon pricing mechanisms, including defining and comparing compliance and voluntary markets. Both Canadian and international overviews are used to illustrate all concepts. The course culminates with an overview – applicable to all previous courses – of ongoing and emerging challenges, and resources for additional learning.

The primary learning outcomes and competencies include an understanding of the current state of both domestic and internationally applicable markets, changes on the horizon, and key resources to stay informed.