Balancing carbon credits and climate finance boosts mitigation outcomes, unlocking Paris Agreement's potential.
The article discusses how to fund climate projects effectively by balancing ownership and accountability in climate finance. It looks at using existing carbon finance strategies to support climate projects that genuinely reduce greenhouse gas emissions. The research shows that we can use carbon finance tools to provide funding for climate projects, ensuring they generate real, additional, and verified benefits. By blending different funding sources and making sure that financing is properly attributed, we can finance actions that help meet climate goals without double-counting achievements.