Following Building Bridges 2025, we sat down with Anik Kohli, Partner at INFRAS and Board Member of the Zurich Carbon Market Association and Romain Leroy-Castillo, Director AI and Education at Swiss Sustainable Finance, to hear their thoughts about the momentum in Swiss carbon markets. This follows a number of major events on the topic this year including the Action Event at Building Bridges they co-organised, titled Investment Opportunities in Carbon Markets.

You’ve both been closely involved in Switzerland’s carbon market journey. What moments or insights from this year — from the August event with SSF, SIX and McKinsey to your session at Building Bridges — best capture how far the discussion has come?

阿尼克：在所有这些活动和讨论中，看到大家对高诚信度碳市场的重视，真的令人鼓舞。这种重视对于避免过去损害碳市场的声誉风险至关重要。金融机构需要信任和可靠性，否则资本就无法流动。我们都记得2022年的丑闻。现在市场正处于十字路口，现在正是围绕《巴黎协定》重新调整方向的时候。首先，根据《巴黎协定》第6.2条达成的瑞士双边协议，在诚信度方面比自愿碳市场（VCM）相对薄弱的标准有所提高。其次，新的自上而下的联合国规则（第6.4条）已经达成一致，这为公众带来了长期以来缺失的信任，证明拥有严格规则的碳市场是可能的。如果我们想要充分发挥碳市场的潜力，所有国际碳市场都需要朝着诚信的方向发展。正如自愿碳市场诚信委员会所说，诚信建设之后，规模自然会随之而来。.

What really stood out this year was how consistently that message came through. Every event, not just ours, placed integrity at the core of the discussion. Building Bridges made that possible by connecting innovators from the real economy with financiers and policymakers, creating a shared space where standards and market perspectives could meet. That interaction is what drives collective learning forward.

Romain: I completely agree. The scandals in 2022 did cost the voluntary carbon markets a couple of years : the discussion stalled and trust took a hit. But this year you can feel the dynamic returning. Two things really stood out to me. First, time is getting short to meet the first emission reduction targets by 2030. That urgency is sharpening attention and driving interest. The industry is showing up again, and all events we organised this year were full. Second, the scale of new technical solutions is impressive. Direct air capture and storage, for example, has seen an incredible wave of innovative solutions brought forward by companies of diverse sizes. At our events we showcased a few, and I would love to see an even broader representation of such technical solutions at events like Building Bridges going forward.

然而，实体经济与金融之间的联系仍然不足。金融机构对实际情况的了解还不够深入。加强工程师、项目开发商和投资者之间的沟通将有利于整个生态系统。诚信是可信碳市场的核心。.

您能否举例说明瑞士各方如何通过制定新标准、建立数据系统或建立伙伴关系来共同努力建立这种信任？

阿尼克：这并非一项单一举措，而是一项生态系统的共同努力。在 苏黎世碳市场协会 （ZCMA）理事会中，我们有许多机构积极参与诚信工作。例如，INFRAS参与了自愿碳市场诚信委员会的工作。网络中的其他机构则支持《巴黎协定》碳市场（PACM）的方法论工作以及东道国的能力建设。瑞士联邦环境局（BAFU）和瑞士联邦经济事务秘书处（SECO）也是ZCMA理事会的成员。这使得从业者和政策制定者能够直接交流，互相学习。这也是ZCMA成立的主要原因之一：保持这些对话的活跃和畅通。

罗曼：信任、诚信和信誉仍然是每个人最为关注的问题。治理水平已经有了很大的提高，例如核心碳原则的制定，但过去失败的记忆仍然萦绕在大多数人的心头。因为信任是逐步建立和积累的。正因如此，采用全价值链方法才显得尤为重要。你不能仅仅依赖单一的认证或单一的数据来源。信任源于一个强大的价值链，其中众多参与者共同致力于提高透明度和诚信度。在瑞士，我们很幸运地拥有一个完整的市场参与者生态系统，涵盖了项目开发商、标准机构、监测和报告解决方案、交易所和中介机构等各个方面。.

在我们的活动和其他活动中，我们都看到了这种一致性。无论是来自行业、金融服务机构还是国际组织，我们都听到了一致的信息，这令人鼓舞。这表明瑞士的生态系统在合作和共享学习方面已经相当成熟。.

瑞士正在发生的事情与更广泛的全球对话有何联系，特别是与 COP30 和第六条的实施有关？

Anik: The Swiss government plays an active role internationally. It is negotiating bilateral agreements under Article 6.2 with countries such as Thailand and Peru and also contributes to the development of Article 6.4 rules. That means experts who are active in these global processes also participate in national discussions, like those at Building Bridges and ZCMA events. It is a direct link between international rule-making and local practice. At COP30, Switzerland can play a constructive role in ensuring integrity and credibility as forestry methodologies and other standards evolve.

罗曼：是的，瑞士虽然国土面积不大，但正如我们之前所说，其生态系统却非常完善。这里有基于技术和自然的各类项目开发商、认证专家、监测服务提供商以及像 南极组织，它们都在全球范围内开展业务。此外，还有像 KliK基金会，该基金会为海外气候减缓项目提供资金，并通过前面提到的双边协议将成果带回瑞士。因此，瑞士积极参与塑造高诚信度项目的实施方式。

明年我们再次见面时，您希望重点介绍瑞士及其他地区取得的哪些进展或突破？

Anik: I would love to see continued collaboration across platforms, ZCMA, SSF, Building Bridges and others. Over the past two years we have built real momentum. The next step is positioning Switzerland as a hub for high-integrity carbon markets and related financial products that channel capital towards credible outcomes.

罗曼：我希望明年我们能看到自愿市场需求再次增长，这与2030年的目标相符。我也希望我们能进一步探讨解决方案、风险管理和商业机遇。 人们想了解投资可行性。我们需要围绕定价、声誉和财务风险、投资可行性标准、实时监控等话题展开深入讨论。 最后但同样重要的是，要考虑可保性。因为没有保险，任何规模都无法扩大，我们越是帮助保险公司开发这方面的模式，市场成熟的速度就越快。

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阿尼克·科利

合作伙伴 – 基础设施
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罗曼·勒鲁瓦-卡斯蒂略

瑞士可持续金融（SSF）人工智能与教育总监

关于 ZCMA

苏黎世碳市场协会 (Zurich CMA) 是一个非政治性会员组织，致力于推动以可持续发展为导向的高质量碳市场的发展。他们即将举办的活动“解读贝伦气候大会第30届会议”将于2025年12月11日举行（线上或线下，地点在INFRAS苏黎世办公室）。 立即注册，即可了解谈​​判代表和观察员对会议进展的第一手印象和分析。

关于 瑞士可持续金融

瑞士可持续金融协会 (SSF) 是瑞士可持续金融领域的领先协会。SSF 的使命是巩固瑞士在可持续金融领域的领导地位，从而为可持续繁荣的经济做出贡献。 点击此处订阅他们的简讯。

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我们搭建桥梁故事系列

Building Bridges is more than just an event, it’s a space for meaningful collaboration, fresh perspectives, and lasting connections. Through our storytelling series, we highlight the personal experiences that shape each edition. If you have a story to share about your engagement with Building Bridges, whether it’s a key insight, a memorable moment, or the impact of the bridges built, we’d love to hear from you at community@buildingbridges.org.

图片来源：安托万·塔迪