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Exploring the role of carbon markets in reaching climate targets

All Things Sustainable

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Understanding Carbon Markets

This chapter provides a comprehensive overview of carbon markets, comparing traditional environmental policies to market-based approaches aimed at reducing emissions. It differentiates between compliance and voluntary markets, discussing their distinct structures, growth dynamics, and ongoing challenges regarding credit quality and legitimacy. Additionally, the chapter highlights the role of carbon markets in promoting sustainability and achieving decarbonization goals while emphasizing the shift towards higher-quality carbon credits.

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