中亚学院：2024年CTTN研究资助计划报告（英文版）

Emissions trading mechanisms (ETMs) are pivotal for reducing greenhouse gas emissions by setting caps on emissions and allowing the trading of emission allowances, incentivizing reductions where they are most cost-effective. However, ETM implementation in CAREC countries faces significant challenges, primarily due to the suboptimal financial architecture and nascent state of carbon markets. This study aims to systematically identify and analyze these challenges and barriers, propose an optimi