The issue of climate change has become a critical concern for the international community, prompting the establishment of various frameworks for environmental governance. One such milestone was the ...

Article 6.4: This will establish a single tool, similar to the Clean Development Mechanism of the Kyoto Protocol, which will facilitate project-based generation and trading of credits resulting ...

The global effort to combat climate change is intensifying, and with it, the demand for innovative market-based solutions known for fostering liquidity with efficiency, transparency and integrity. At ...

To facilitate cost-effective emissions reductions, the Paris Agreement incorporates market-based mechanisms under Article 6. These mechanisms are designed to promote international cooperation and ...

Coordinating on developing and implementing market-based mechanisms such as those discussed above. This could build upon extensive reporting on non-market policies and practices by the U.S. and ...

Because well-designed market-based pricing mechanisms are inherently superior to government price controls, such as those established by IRA. This is primarily because the market mechanisms integrate ...

Japan has submitted proposals on new market mechanisms to cut greenhouse gases to the United Nations, aiming to complement U.N. talks by developing ways to use its low carbon technology.