Environmental markets

Environmental markets are systems where organizations trade things like pollution reduction credits or conservation efforts. They help incentivize businesses to lower their environmental impact by creating financial value for sustainable practices. For example, a company that reduces emissions can sell credits to others needing to offset their pollution. These markets promote efficient, cost-effective ways to protect natural resources, fight climate change, and support biodiversity. Essentially, environmental markets turn environmental improvements into commodities that can be bought and sold, encouraging more widespread adoption of eco-friendly practices across industries.