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This is a Literature Review study.

September 28, 2025Open Access

Carbon Finance for Climate Justice: Pathways to Inclusive Sustainable Development

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Review explores carbon markets' potential to advance climate justice and sustainable development goals, highlighting policy implications.

Carbon markets can promote investments in clean energy and sustainable development projects, benefiting affected communities.
Findings show that carbon markets could enhance participation in emission trading for smaller emitters and developing countries.
Analysis focuses on various policy approaches and their implications, indicating potential for conflicts and synergies between objectives.
To maximize benefits, carbon markets need complementary policies that emphasize equity, inclusion, and community involvement.

Munonye et al. (2025) studied this question.

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