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A chance to rethink climate accounting
Financial Express Delhi
|May 19, 2025
Ahead of EU's launch of CBAM, India has a golden opportunity to innovate its domestic carbon credits market with the radiative forcing model
EARLIER THIS YEAR, the European Commission's Joint Research Centre published its latest annual report, the Global Climate and Energy Outlook (GECO) 2024, which calls for urgent, accelerated climate action in 2025. It reveals that the G20 — comprising the world's largest economies — are not on track to achieve the aim of restricting global warming to "well below" 2 °C by the end of the century. Clearly, something is amiss in our current approach to measuring and tackling climate impacts.
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