Intervention · Intervention

Carbon market

Climate finance mechanism through which greenhouse gas emission reductions or removals are quantified as tradable units and exchanged between actors to meet climate targets cost-effectively.

Definition source: World Bank

Synonyms

none

Broader

Climate finance

Narrower

Clean Development Mechanism, Emissions trading scheme, Article 6 cooperative approach, Article 6.4 mechanism, Voluntary carbon market instrument

Relations

produces Carbon credit

Counts as adaptation

Not an adaptation term.

Mitigation

Mitigation-specific

Provenance

Domain expert

Identifier

INT_254 · https://mlolita26.github.io/cgiar-climate-taxonomy/terms/INT_254
(planned permanent identifier: https://w3id.org/cgiar/climate-taxonomy/INT_254)