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#157 - Diego Saez Gil
Y Combinator Startup Podcast
Carbon Markets - How Do They Work?
Carbon markets were created by the united nations to create an incentive, uh, to drive solutions to climate change. According to the war bank, last year, over 80 billion dollars went into carbon market initiatives around the world. But when you look at the percentage of that funding that is going to forest conservation and restoration, it's less than two percent. Buyers of carbonofsets stayed away from forest because of a lot of lack of credibility about projects.
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