Countries can now copy-paste carbon market laws from the World Bank
What happened
The World Bank published a new guide for countries that want to write carbon market laws. It gives them sample laws and advice to make it easier to set up "high-integrity" carbon credit systems.
Why it matters
Many countries want to sell carbon credits but lack the laws to do it. This toolkit gives them a starting point. But it is just a template; countries still have to pass and enforce the laws themselves.
The signal
Watch for countries that actually pass new carbon market laws using this toolkit, and whether those laws attract real investment.