Climate Finance : A Primer on Carbon Markets and ClimateTech
With a transformational shift in sustainable finance in the last few years owing to the seriousness of climate change, we are seeing a rise in carbon markets and green finance instruments globally. As more sovereigns and companies look to carbon offset mechanisms and carbon credit markets to fulfil their carbon mitigation goals, technology has started playing an important role to enable these mechanisms.In this whitepaper developed by FinStep Asia, we review the carbon credit markets and provide insights on how technology is being deployed by both large and small firms to further develop these markets and enhance carbon mitigation. The report was led by our Carbon Market advisor, Pranam Reddy and developed by our summer analysts Dhruvi Sachdeva and Lakshay Saini from Hansraj College and an MBA student team consisting of Lewis Chen, Alexander Lam, Jiayi Xiao and Muyi (Travis) Wang, from HKU Business School — MBA.This report provides an understanding of various developed mechanisms like the Carbon credits market, Clean Development Mechanism (CDM), and Joint Implementation (JI) schemes designed through the Kyoto Protocol. The carbon credit markets have gone on to evolve into two kinds - Regulatory and Voluntary (as explained further on). Subsequently, the report also explores actions currently being undertaken at the governmental and corporate levels. The report also explores ecopreneurship - entrepreneurship focused on ecological conservation. Some have developed methodologies built on blockchain, attempting to usher in more transparency, accountability, and reliability for individuals to get involved in tackling Climate change
Year of publication: |
2023
|
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Authors: | Ahmed, Syed Musheer ; Reddy, Pranam ; Sachdeva, Dhruvi ; Saini, Lakshay |
Publisher: |
[S.l.] : SSRN |
Subject: | Treibhausgas-Emissionen | Greenhouse gas emissions | Emissionshandel | Emissions trading | Klimawandel | Climate change | Klimaschutz | Climate protection | Umweltpolitik | Environmental policy | Welt | World | Umweltökonomik | Environmental economics |
Saved in:
freely available
Extent: | 1 Online-Ressource (86 p) |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 21, 2022 erstellt |
Other identifiers: | 10.2139/ssrn.4233063 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014257138
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