Climate change markets

Climate change markets refer to the economic sectors and mechanisms that have emerged in response to the need to mitigate and adapt to climate change. These markets encompass a wide range of activities aimed at reducing greenhouse gas emissions and promoting sustainable practices. Key components include carbon trading and offset markets, where companies buy and sell carbon credits to comply with emissions regulations or achieve voluntary reductions. This system incentivizes reductions in carbon output and supports projects that sequester or reduce emissions, such as reforestation and renewable energy initiatives. Renewable energy markets are another critical aspect, focusing on the development and deployment of solar, wind, hydro, and other low-carbon energy sources.
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