In the pursuit of addressing climate change and reducing greenhouse gas emissions, nature-based carbon credits have emerged as a powerful tool. These credits, generated through activities like afforestation, reforestation, and conservation projects, have the potential to provide up to 30% of the global climate mitigation required to limit global warming to 1.5 degrees, as highlighted...
The Dynamics of Protectionism Trade has long been considered a cornerstone of economic prosperity, fostering growth and development in societies across the globe. However, the concept of protectionism, which involves implementing trade barriers to shield domestic industries from foreign competition, has also played a significant role in shaping economic policies. Protectionism, including tariffs, import quotas,...
The carbon market is a financial system aimed at reducing greenhouse gas (GHG) emissions. This market assigns a monetary value to each metric ton of GHG emissions, enabling companies and countries to buy or sell the rights to emit these gases. The market is divided into two, the compliance carbon market (CCM) and the voluntary...