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Carbon trading co-operation could cut climate costs

Posted on 21 October 2016

Global co-operation on carbon trading could reduce the costs of climate change mitigation by 32% by 2030. That’s according to a new report by the World Bank which adds the figure could rise to more than 50% by 2050.
It shows increased international carbon trading could enable large-scale emission reductions at much lower costs based on the carbon mitigation goals spelled out in countries’ Nationally Determined Contributions (NDCS) under the Paris Agreement…………………………………….Full Article: Source


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