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ARTICLE · 14 NOVEMBER 2024

Patent And Carbon Currency: Paving The Way For A Sustainable Future

Achieving sustainable growth in today's global economy is multifaceted challenge. As nations strive to balance economic development with environmental stewardship, countries face numerous obstacles that threaten long-term prosperity.

IndiaEnvironment

Introduction

Achieving sustainable growth in today's global economy is multifaceted challenge. As nations strive to balance economic development with environmental stewardship, countries face numerous obstacles that threaten long-term prosperity. Geopolitical tensions, climate change, economic inequality, technological disruption, resource scarcity, global health crises, and financial instability are among the most pressing issues.

Among these, climate change stands out as a particularly formidable challenge. The increasing frequency and severity of extreme weather events, rising sea levels, and shifting climate patterns disrupt agricultural productivity, damage infrastructure, and increase costs for businesses and governments. These environmental changes not only threaten ecosystems but also exacerbate economic inequalities and create new risks for financial stability. Addressing these challenges requires innovative policies, international cooperation, and a

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