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This is a Literature Review study.

August 22, 2025

Assessing Disparities and Opportunities: A Comparative Review of Carbon Markets in Developing and Developed Nations

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Comparative review analyzes carbon markets' impact on climate change in developing and developed nations, indicating challenges and opportunities.

Carbon markets significantly influence greenhouse gas emissions, varying in operation between developed and developing nations.
A comparative analysis highlights the challenges and advantages of carbon trading practices in different economies.
Assessment of carbon pricing mechanisms reveals gaps in current policies that govern emissions trading and market operations.
Understanding disparities in carbon markets can support the transition to a low-carbon economy through informed policy-making.

Sayed et al. (2025) studied this question.

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Comparative review analyzes carbon markets' impact on climate change in developing and developed nations, indicating challenges and opportunities.