Development of major unusual markets in China and reforms in Europe have provided a crucial boost as countries study at tools to cleave carbon and meet their Paris climate targetsGlobal carbon markets have been revived from the brink of collapse as,after years in the doldrums, recent developments have provided a much-needed boost, and according to a unusual report from the World Bank.
China has made strong progress on its unusual carbon markets,which when complete will be the biggest in the world, while the EU initiated reforms of its carbon trading system which have already had an effect on prices.
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Source: theguardian.com