In Lloyds’ home market, the government has identified voluntary nature and carbon markets as part of Britain’s clean growth strategy, and is pushing for London to become a global hub. The UK government also is working on incorporating carbon-removal credits into its regulated emissions trading system, a development that’s planned to take effect in “the early 2030s,” Felix Grey, policy team leader at the UK Department for Energy Security and Net Zero, said at the Innovation Zero conference in London last month.
