Carbon trading could cut climate action costs by a third -World Bank

Published 06:00 on October 18, 2016  /  Last updated at 15:22 on October 18, 2016  / /  Africa, Americas, Asia Pacific, China, EMEA, International, Paris Article 6

Increased use of international emissions trading could shave 32% off the cost of the world’s efforts to cut greenhouse gas emissions by 2030, and more than halve them by 2050, according to a World Bank report released Tuesday.
Increased use of international emissions trading could shave 32% off the cost of the world’s efforts to cut greenhouse gas emissions by 2030, and more than halve them by 2050, according to a World Bank report released Tuesday.


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