market-based climate policies and economic performance

Market-based climate policies refer to strategies implemented by governments or regulatory bodies to address climate change through market mechanisms, such as carbon pricing or carbon trading. These policies rely on market forces to drive the reduction of greenhouse gas emissions, incentivizing industries and individuals to adopt cleaner technologies and practices. The term "economic performance" in this context relates to how these market-based climate policies impact a country's overall economic growth, productivity, competitiveness, and job creation.

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