Carbon markets have become a vital tool to make super-polluters pay while rewarding those with low carbon footprints
Carbon markets are a key tool in helping to drive emissions from the economy by effectively putting a price on pollution. They can take different forms: from mandatory trading of ‘carbon permits’, to voluntary projects which can help to cut emissions to earn ‘carbon offsets’.
At the Cop26 climate talks delegates will be working towards fine-tuning a little-known, and technically complex, set of carbon trading rules to cut emissions using international carbon markets.
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