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Expert: New 'carbon pricing' is good news for developing countries
01:43

Finance ministers from the G20 countries met in Venice over the weekend. They proposed "carbon pricing" as a tool to deal with the climate change crisis. Shen Yiyang, the director of Inclusive Development Research Center and senior energy consultant for Asian Development Bank, shares with us his insights. He says the new proposal is good news for developing countries because there is more potential for the future, and those countries can have a chance to mobilize funding through the new system.

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