UNCTAD report highlights Carbon leakage to poor countries, What is it?

Least Developed Countries Report 2022: UNCTAD warns against carbon leakage to poor countries

Least Developed Countries (LDCs) must not become “carbon havens” as polluters in rich countries weed high-emitting industries out of their economies, a new report from the United Nations Conference on Trade and Development (UNCTAD) warned. The “effective and increasingly restrictive environmental laws” in industrialized countries, to reduce carbon dioxide (CO2) emissions, which cause pollution and … Read more