Skip to main
Lichen
George Mason University
News

Younsung Kim speaks about carbon markets at Korea Pavilion event at COP 29 in Baku, Azerbaijan

This year, the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change or COP29, was held in Baku, Azerbaijan during November 11-22,2024. 

A group of panelists seated on stage during discussion
Younsung Kim is pictured holding the microphone speaking (first panelist from the right).

Professor of environmental science and policy Younsung Kim was invited to the panel discussion of Korea Pavilion side event Leveraging Data for Transparency and Efficiency in Carbon Markets hosted by Greenhouse Gas Inventory and Research Center of Korea (GIR) on November 13, 2024. 
 

Group photo of panelist members on stage
Younsung Kim is pictured third from the right.

During the event, carbon markets in Korea, Japan, and China were presented because they are part of carbon reduction plans for carbon neutrality and essential components for Nationally Determined Contributions (NDCs) in the Paris Climate Agreement. As a panelist, professor Kim discussed the U.S. carbon markets, including mandatory carbon pricing schemes such as RGGI (Regional Greenhouse Gas Initiative) and the carbon market in California.  Amidst the uncertainty of the climate policy future in the U.S. due to a second term of the Trump administration, professor Kim underscored the significant role of the private sector in carbon markets, which could buffer the expected deregulatory initiatives by the second Trump administration.

* The programs and services offered by George Mason University are open to all who seek them. George Mason does not discriminate on the basis of race, color, religion, ethnic national origin (including shared ancestry and/or ethnic characteristics), sex, disability, military status (including veteran status), sexual orientation, gender identity, gender expression, age, marital status, pregnancy status, genetic information, or any other characteristic protected by law. After an initial review of its policies and practices, the university affirms its commitment to meet all federal mandates as articulated in federal law, as well as recent executive orders and federal agency directives.