Markets for forest carbon are growing fast and have huge potential, but low carbon prices and other challenges are restraining their capacity to benefit tropical forests and their stakeholders. This was a key message emerging from the Annual Market Discussion, which was held on 8th November 2022 as part of the 58th session of the International Tropical Timber Council in Yokohama (Japan) recently. This year’s discussion featured five speakers, as well as interventions from the floor, on the theme of the carbon trade and tropical forests. It was chaired by Trade Advisory Group co-coordinator Mr Barney Chan.
