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S2 E1 - Dissecting Carbon Markets with Dr. Lambert Schneider

Untangling Climate Finance

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The Clean Development Mechanism (CDM) and its Replacement under the Paris Agreement

This chapter provides an overview of the status of the Clean Development Mechanism (CDM) in 2023 and its replacement under the Paris Agreement. It discusses challenges faced by the CDM, the introduction of the new mechanism known as Article 6, and the importance of shared emission reductions and financing responsibility in the carbon market.

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