India Inc has shown a modest uptick when it comes to disclosure of climate change risk due to increasing awareness about global warming and a growing band of climate-conscious investors, reveals a recent report released by CDP (Carbon Disclosure Project) India.
This paper assesses the overall costs and distributional impacts of China’s planned nationwide emissions trading system for CO2 emissions reductions, a system that will differ from cap and trade and become the largest CO2 trading system in the world.
Article 6 of the Paris Agreement provides the framework for a new generation of carbon markets in a context where all countries are supposed to formulate and implement ambitious Nationally Determined Contributions (NDC) towards a temperature target and ratchet their contribution on a regular basis.
