COP28 Opens With Momentum on Carbon Pricing and Green Technology Deployment But Gaps on Emissions Monitoring
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More places are starting to price carbon emissions, with China, India, and other countries implementing carbon markets.
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Innovative partnerships are emerging to help developing nations finance green development, like the Just Energy Transition Partnerships.
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Costs of green technologies like solar, batteries, and electrolyzers are rapidly falling, making them more accessible.
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Accurate emissions monitoring is critical but lacking in many countries - the US and others should prioritize this at COP28.
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As COP28 begins, leaders should look to scale up existing models that show promise like carbon pricing and green tech deployment.