The European Union has historically been one of the most vocal supporters of climate change regulation, as well as one of the wealthiest areas in the world and a major importing market. The main reasons for discussing the Carbon Border Adjustment Mechanism (CBAM) are that, in this scenario, there is a real possibility that carbon …
Transparency, commitment and ambition are the fundamental pillars of an agreement that goes the extra mile to preserve the environment. Six months after the COP26, the aftermath has shown that despite some exciting commitments and alliances, it is not being done enough to turn over the climate crisis and meet the goals from the Paris …
Carbon credits can basically be divided into two main categories: carbon avoidance credits and carbon removal credits. Read on to learn the difference between them and find out why some corporations are going after carbon removal credits. Carbon avoidance and carbon removal Carbon avoidance credits are those that come from Reduced Emission from Deforestation and …
Why do some corporations prefer carbon removal credits? Read More »
The price set on Greenhouse Gas (GHG) emissions is known as a carbon tax. It plays a central role in reducing GHG emissions and combating climate change. It is a financially flexible tool that automatically encourages consumers and producers to shift towards energy options that emit less carbon, whatever those options may be. Economists call …
Even before Chile subscribed to the Paris Agreement in 2016, this country has been implementing market instruments to reduce their emissions, such as a carbon tax, called “green tax”. What is it about and what’s the impact on Latin America? The Green tax This tax has its basis in the 8th article of the Law …
Climate change is a real and tangible fact. It is the main cause of the continuous social, environmental and structural affectation of cities, and its impact has caused a deterioration in local, regional, national and international markets. These impacts can be intervened with tools to leverage positive climate actions, which aim to structurally decarbonize systems, …
