International Journal For Multidisciplinary Research
E-ISSN: 2582-2160
•
Impact Factor: 9.24
A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal
Home
Research Paper
Submit Research Paper
Publication Guidelines
Publication Charges
Upload Documents
Track Status / Pay Fees / Download Publication Certi.
Editors & Reviewers
View All
Join as a Reviewer
Reviewer Referral Program
Get Membership Certificate
Current Issue
Publication Archive
Conference
Publishing Conf. with IJFMR
Upcoming Conference(s) ↓
WSMCDD-2025
GSMCDD-2025
Conferences Published ↓
RBS:RH-COVID-19 (2023)
ICMRS'23
PIPRDA-2023
Contact Us
Plagiarism is checked by the leading plagiarism checker
Call for Paper
Volume 6 Issue 5
September-October 2024
Indexing Partners
Carbon Credits and Offsetting: Navigating Legal Frameworks, Innovative Solutions, and Controversies
Author(s) | Karthik Gupta |
---|---|
Country | India |
Abstract | Carbon credits and offsetting have emerged as market-based instruments to mitigate greenhouse gas (GHG) emissions and address climate change. While hailed as cost-effective mechanisms to drive emissions reductions, these schemes have also faced criticism regarding their environmental integrity, distributional impacts, and ethical implications. This paper provides a comprehensive analysis of the legal and regulatory frameworks governing carbon markets, the controversies surrounding their implementation, and potential avenues for reform. It examines the role of emerging technologies, nature-based solutions, and sector-specific initiatives like aviation offsetting in enhancing carbon accounting and market integrity. Drawing from international environmental law, economic theory, case studies, and empirical data, the paper evaluates the successes, challenges, and real-world impacts of carbon trading systems. Ultimately, it proposes recommendations for strengthening the effectiveness and equity of carbon markets through legal reforms, policy innovations, technological advancements, and areas for further research. |
Keywords | Carbon credits , greenhouse gas , climate change , law , nature based solutions , aviation offset , carbon market |
Field | Sociology > Administration / Law / Management |
Published In | Volume 6, Issue 2, March-April 2024 |
Published On | 2024-04-17 |
Cite This | Carbon Credits and Offsetting: Navigating Legal Frameworks, Innovative Solutions, and Controversies - Karthik Gupta - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.17370 |
DOI | https://doi.org/10.36948/ijfmr.2024.v06i02.17370 |
Short DOI | https://doi.org/gtrfnd |
Share this
E-ISSN 2582-2160
doi
CrossRef DOI is assigned to each research paper published in our journal.
IJFMR DOI prefix is
10.36948/ijfmr
Downloads
All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.