Climate Change and Carbon Markets: A Handbook of Emissions Reduction Mechanisms

Climate Change and Carbon Markets: A Handbook of Emissions Reduction Mechanisms

by Farhana Yamin
     
 

ISBN-10: 1844071634

ISBN-13: 9781844071630

Pub. Date: 02/28/2005

Publisher: Taylor & Francis

Climate change is an environmental problem of unprecedented complexity, not just in terms of its physical, social, economic and political impacts, but particularly in terms of the range of policy instruments being designed by countries to reduce greenhouse gas emissions.

Climate Change and Carbon Markets aims to provide an accessible and practical guide to

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Overview

Climate change is an environmental problem of unprecedented complexity, not just in terms of its physical, social, economic and political impacts, but particularly in terms of the range of policy instruments being designed by countries to reduce greenhouse gas emissions.

Climate Change and Carbon Markets aims to provide an accessible and practical guide to cutting edge market-based mechanisms which will reduce greenhouse gas emissions. This book is a guide for national and international policy-makers and industry professionals, who need to understand the carbon markets established pursuant to the Kyoto Protocol, one of the most complex agreements ever negotiated. The book sets out how carbon markets will function by explaining the rules, institutions and procedures of the Kyoto mechanisms, including: emissions trading, joint implementation (JI) and the Clean Development Mechanism (CDM). It also provides an in-depth explanation of the EU Emissions Allowance Trading Scheme, emerging mechanisms in the US and developing countries, and how these will link up.

For policy-makers, researchers and scholars; industry practitioners, companies, market service providers, technical and legal consultants, NGOs and all stakeholder organizations engaged in the Kyoto markets, this is the authoritative and comprehensive practical guide to this rapidly evolving area.

Contains the full text of the key European Union documents setting up the EU Emissions Allowance Trading Scheme and the Linking Directive.

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Product Details

ISBN-13:
9781844071630
Publisher:
Taylor & Francis
Publication date:
02/28/2005
Edition description:
1
Pages:
472
Product dimensions:
6.30(w) x 9.30(h) x 0.80(d)

Table of Contents

Introduction
Pt. IThe international rules on the Kyoto mechanisms1
Pt. IIThe EU Greenhouse Gas Emission Allowance Trading Scheme75
Pt. IIIDevelopment and implementation of the Kyoto mechanisms worldwide151
Emissions trading under the Kyoto Protocol : how far from the ideal?153
Trading through the flexibility mechanisms : quantifying the size of the Kyoto markets166
Implementation challenges : insights from the EU Emission Allowance Trading Scheme183
Joint implementation and emissions trading in Central and Eastern Europe200
Implementing the Clean Development Mechanism and emissions trading beyond Europe231
The Clean Development Mechanism : a tool for promoting long-term climate protection and sustainable development?263
Determination of baselines and additionality for the CDM : a crucial element of credibility of the climate regime289
Creating the foundations for host country participation in the CDM : experiences and challenges in CDM capacity building305
Pt. IVConclusion : mechanisms, linkages and the direction of the future climate regime321
App. 1Documents related to the EU emission allowance trading scheme353
App. 2EU Emission Allowance Trading Scheme Directive355
App. 3EU Directive 2004/101/EC371
App. 4EU guidelines on allocations of allowances383

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