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Demystifying the Carbon Markets Episode 4 | Peter Zaman, Partner HFW, Singapore

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Common but Differentiated Responsibilities

There is a concept called common but differentiated responsibilities. It says that some countries are entitled to their or burn more omissions than others. But different countries have different pathways and over different time periods, he argues. And it creates a perverse incentive for you never to expand your n d c under the paris agreement,. Mr Radek adds.

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