regional disparities and carbon leakage
Regional disparities refer to the uneven distribution of economic, social, and developmental opportunities and outcomes across different regions. This typically occurs when certain regions experience higher levels of growth and prosperity compared to others, resulting in inequalities and imbalances within a country or region. Carbon leakage, on the other hand, refers to the situation where industries or companies relocate their production operations to regions with weaker environmental regulations or climate policies. This migration of carbon-intensive activities can result in an increase in global greenhouse gas emissions, offsetting the emission reductions achieved in regions with stronger environmental standards and potentially undermining global climate efforts.
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