What is the primary function of carbon credits in mitigating climate change? 🔊
The primary function of carbon credits in mitigating climate change is to provide a market-based mechanism that incentivizes emissions reductions. Organizations or countries that reduce greenhouse gas emissions can sell their surplus carbon credits to those exceeding their emission limits, creating a financial motivation for reducing carbon footprints. This system encourages investment in renewable energy and sustainable practices while promoting global cooperation to meet climate targets. Ultimately, carbon credits aim to align economic activities with environmental sustainability, facilitating a transition to a low-carbon future.


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