carbon pricing and climate finance

Carbon pricing refers to the implementation of a financial mechanism that imposes a cost on greenhouse gas emissions, usually through taxes or emissions trading systems, in order to incentivize businesses and individuals to reduce their carbon emissions and shift towards cleaner technologies and practices. Climate finance, on the other hand, involves the mobilization and allocation of funds to support climate-related activities and projects. It aims to provide financial resources to developing countries for reducing greenhouse gas emissions, adapting to the effects of climate change, and transitioning to low-carbon and climate-resilient economies.

Explore

Requires login.