Carbon markets are trading systems through which countries, businesses, individuals or other entities buy or sell units of greenhouse gas emissions.
March 9, 2022
Nearly a quarter of the world’s greenhouse gas emissions come from timber harvesting, agriculture and land-use change, such as clearing forests to make way for farms. Many see carbon markets as key to channelling billions of dollars into reducing these emissions, while protecting forests and other carbon sinks, such as peatlands and wetlands, in developing countries.