Sentences with phrase «relies on the carbon market»

This project - specific additionality test is put in place to ensure that the offset project definitely relies on the carbon market to be developed, ensuring that the offsets are coming only from reductions that go beyond business as usual.

Not exact matches

At least half of all countries mentioned carbon markets and just 25 percent relied on international finance to meet their goals.

In addition, REDD + is likely to rely on two sources of funding: through carbon market offsets, where polluters in rich countries purchase carbon credits from local communities and developing nations that maintain their forests, or through bilateral deals, such as the Norwegian government's International Forests and Climate Initiative.

The EU can not rely on a market - based approach: volatile and unpredictable carbon prices will not ensure a transition to a safe, sustainable and affordable energy system.

Can we, should we, really rely on «taxes plus praying the innovative power of the market takes those price signals and makes us a carbon - free infrastructure?»