As the world grapples with the escalating threats of climate change, governments and regulators have emerged as key players in the evolution of carbon markets.
“Governments around the world are recognizing the transformative potential of carbon markets in mobilizing private sector resources for climate action. This involvement manifests in several critical ways: “Governments are actively supporting the growth of carbon offsetting programs, which enable companies to offset their residual emissions by investing in emission-reduction projects. These initiatives accelerate the deployment of clean energy, forest conservation, and other climate-friendly initiatives.
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