Using markets to reduce emissions and drive growth in the Global South
The Emissions Market Accelerator provides a custom-built solution to make emissions markets work anywhere, for any pollutant, by supporting governments from design to full operation.
Emissions Market Benefits
Pollution Reduction
Continuous monitoring allows industry to better manage and governments to better track emissions.
Industry Cost Reduction
Industry can choose how best to comply, offering a flexible approach that saves—or even makes—money.
Industrial Compliance
More transparency and easier enforcement eliminates non-compliance and costs governments less.
Proof of Concept
Scaling Up
Michael Greenstone
Co-Chair, Emissions Market Accelerator; Director, EPIC; Milton Friedman Distinguished Service Professor, University of Chicago
“The Emissions Market Accelerator goes where pollution is threatening human wellbeing the most and brings governments the tools they need to simply and effectively balance the goals of economic growth and environmental quality. With a market, they don’t need to choose any longer, regardless of whether their interests are air, greenhouse gas, or water pollution. Our goal is for pollution markets to benefit 1 billion people by 2030."
Bala Srinivasan
Co-Chair, Emissions Market Accelerator.
“Countries in the Global South have been laser focused on economic growth, as they should. But that has often come at the expense of environmental quality. We’re working with governments to implement a market approach that proves economic growth and environmental quality can go hand-in-hand."
Shri Devang M. Thaker
Member Secretary, Gujarat Pollution Control Board
“Emissions markets are both innovative and practical, delivering a cleaner environment without hindering growth. With our success, I hope other emerging economies worldwide will follow India’s lead.”
Esther Duflo
2019 Nobel Prize in Economic Sciences; Co-founder and Director, J-PAL; Abdul Latif Jameel Professor of Poverty Alleviation and Development Economics, MIT
