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Enabling Sustainability: Guarantees of Origin, Carbon Trading, CO2 Tax, and CBAM in Serbia

As the world grapples with the urgent need to combat climate change and transition to a low-carbon economy, countries are implementing various mechanisms to incentivize sustainable practices and reduce carbon emissions. In Serbia, significant steps have been taken to promote renewable energy and carbon abatement. This article aims to discuss the concepts of Guarantees of Origin, Carbon Trading, CO2 Tax, and the upcoming Carbon Border Adjustment Mechanism (CBAM) in Serbia, highlighting their significance and potential impact on the country's sustainability…