carbon market
A carbon market is a system that allows for the buying and selling of permits or credits representing the right to emit greenhouse gases, with the goal of incentivizing industries to reduce their emissions and promote a transition to a low-carbon economy.
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Related Concepts (24)
- cap and trade schemes
- cap-and-trade system
- carbon credits
- carbon footprint
- carbon leakage
- carbon offsetting
- carbon pricing
- carbon trading
- clean development mechanism (cdm)
- climate finance
- dynamic carbon pricing
- emission trading
- emissions trading and cap-and-trade systems
- global carbon budget
- greenhouse gas (ghg) emissions
- joint implementation (ji)
- kyoto protocol
- nationally determined contributions (ndcs)
- optimal carbon price levels
- paris agreement
- redd+ (reducing emissions from deforestation and forest degradation)
- renewable energy certificates (recs)
- verified carbon standard (vcs)
- voluntary carbon market
Similar Concepts
- carbon accounting
- carbon cap-and-trade
- carbon emissions
- carbon finance
- carbon management
- carbon market regulations
- carbon market stability
- carbon market volatility
- carbon markets
- carbon markets and trading systems
- carbon pricing and market competitiveness
- carbon pricing and markets
- carbon reporting
- carbon tax
- global carbon market