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Briefing Paper – Climate Finance, Carbon Pricing, and Data Disclosure
This briefing paper by the World Resources Institute analyzes the state of climate finance, carbon pricing, and data disclosure in the United States and China. It details the U.S. reliance on subnational carbon markets and the SEC's evolving disclosure rules, alongside China's implementation of the world's largest emissions trading scheme (ETS) and its 'South-South' finance mechanism. The document concludes by suggesting areas for bilateral cooperation, specifically in sustainable procurement, data standards, and subnational carbon market exchanges.
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Document type: Briefing
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