Climate Change Mitigation and Economic Policies

Climate change mitigation refers to efforts aimed at reducing the impact of climate change by lowering greenhouse gas emissions and enhancing carbon sinks. Economic policies in this context are strategies and regulations that governments implement to encourage sustainable practices, support renewable energy, and promote energy efficiency. These policies can include carbon pricing, subsidies for green technologies, and regulations on emissions from industries. The goal is to balance economic growth with environmental protection, ensuring a stable and sustainable future for both the planet and its inhabitants.