The Global Carbon Incentive Fund as a Response to the Climate Crisis
The 2015 Paris Climate Agreement, often hailed as a diplomatic triumph, aims to limit temperature increases to below 2 degrees Celsius (C), preferably to 1.5 degrees C, compared to pre-industrial levels. However, with the United Nations (UN) having failed to establish a method for putting a price on carbon, greenhouse gas emissions have continued to rise, and global temperatures increased by more than 1.2 degrees C in 2020. Already, experts warn