6 Clean Water and Sanitation

Escarus Insights: Green Bonds and Carbon Pricing

Escarus Insights: Green Bonds and Carbon Pricing
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Escarus Sustainable Consulting] share the experience of sustainable conversion periodically with Escarus Insights reports. In the new issue of Escarus Insights, the "Green Tahvils and Carbon Pricing" will play an extremely important role in the financing of the fight against climate change.
[[T]]] The effects of climate change are increasing, the need for financing for the realization of projects to reduce these effects is also increasing. It is estimated that the figure required to finance low carbon development and green energy investments will be at $700-1000 billion in the coming years. [
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Different applications such as international development funds, green bonds, offered by public and private sector resources in order to meet this big need, stand out. Green Climate Fund, one of the results of the Paris Agreement, is expected to be one of the driving forces of climate financing in the future period.
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Climate financing, in addition to project finance in the sense we have used, it also contains carbon pricing. Carbon pricing covers both emission trade and carbon tax.
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In the new issue of Escarus Insights, there is a detailed review about climate change financing and applications in Turkey. Please click ] ] to reach the entire report.

Source: Sustainable Business