Belize's Climate Change and Carbon Market Initiatives Bill aims to promote low-carbon development and climate change resilience in line with international efforts, and to provide the legal framework establishing a market for carbon trading. The bill establishes and defines a national climate change committee, a national climate change department and a national MRV (monitoring, reporting and verification) system, as key measures to build institutional capacity and governance on climate issues.
Climate Change and Carbon Market Initiatives Bill
Summary
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About this law
Year
2020
Most recent update
20/11/2020
Geography
🇧🇿 Belize
Response areas
Adaptation, Mitigation
Sectors
Economy-wide, Finance
Topics
, ,  
 Topics mentioned most in this law
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Group
Topics
Policy instrument
Risk
Impacted group
Just transition
Climate justice
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance
Note
The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.