This paper considers the impacts of "finance blending" whereby climate finance is added to international carbon markets for offset trading. The paper first discusses climate finance and the carbon market as free-standing finance solutions by high-income countries to increase mitigation in low-income countries. Climate finance solutions have advantages for high-income countries due to their greater flexibility and general efficiency. A favorable aspect...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2019/06/25
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Рабочий документ в рамках исследования вопросов политики
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WPS8914
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1
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1
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2019/06/25
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Disclosed
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Climate Finance, Carbon Market Mechanisms and Finance "Blending" as Instruments to Support NDC Achievement under the Paris Agreement
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carbon market
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