It is widely acknowledged that climate change is a global problem that has irreversible impacts on all development sectors and poses a threat to the survival of millions of people. If this problem is not tackled now, the stabilization of greenhouse gases (GHG) will be even more challenging and the impacts of climate change will be unavoidable. Moreover, the cost of inaction will be too high to handle and will place an overwhelming burden on future generations. There is a wide range of policy instruments that countries can use to lower their emissions and ultimately shift from a fossil fuel-based to low-carbon economy. To achieve environmental excellence, both command and control (regulatory) approaches and market instruments such as taxation and incentives are necessary. Regulations can be effective to determine the direction and set national targets. However, unlike market instruments, regulatory approaches do not consider cost-effectiveness of emission reduction measures and therefor...
We supports innovative founders moving the world forward. We invest across the life sciences, consumer, gamification, enterprise, biomass energy, mining, heavy machine, forestry, logistic, military corps, climate, crypto, metaverse, health, media, AI, and technology.