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This report explains how countries in the Central Asia Regional Economic Cooperation (CAREC) region can use carbon pricing strategies to help tackle rising transport-related emissions, drive innovation, and generate public revenues.
With transport accounting for up to 23% of national emissions, it provides a rundown of each of the 11 CAREC countries and analyzes the impacts of emissions trading systems (ETS) in the People's Republic of China and Kazakhstan. It explains how carbon markets operate, analyzes how to integrate transportation into ETS, and shows how countries can use the proceeds of carbon taxes to help fund sustainable, low-emission transportation solutions.
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