Can Markets Save the Planet?

The video discusses the urgent need to remove gigatons of CO2 from the atmosphere, highlighting the success of the carbon market in reducing emissions by over 20% in the European Union. It emphasizes the importance of both government and private sector involvement in addressing climate change. The speaker, Graciela Chichilnisky, explains the creation of the carbon market and its role in valuing global public goods. The video also explores the concept of offtake markets as a solution for CO2 removal, drawing parallels to the mortgage market to illustrate potential business opportunities.

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