Law and Economics of International Climate Change Policy / Edition 1

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The Kyoto Prool is a landmark international agreement to tackle the problem of global climate change. Most operational details of the Prool, however, were not decided in Kyoto but deferred to following conferences. This deferral of the details, while probably appropriate to initially reach the agreement, has become a major stepping stone for the ratification of the Kyoto Prool.
This study elaborates in six essays on some of the most pressing policy problems of the Kyoto Prool. These are the problems of 'hot air', the accounting of biological sources and sinks, and the modalities of the Clean Development Mechanism (CDM). A specific focus of this book is on how the issues of climate change and global sustainable forestry can be linked. The authors develop some new innovative solutions to achieve durability and political acceptability for CDM forest conservation projects, such as escrow account financing and bundling of forest conservation and bioenergy. The sum of fresh insights into up-to-date legal and political problems of the Kyoto Prool makes this book indispensable for policy makers, negotiators, environmental activists, academics, and anyone involved in post-Kyoto strategies.

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Product Details

  • ISBN-13: 9780792368007
  • Publisher: Springer Netherlands
  • Publication date: 6/30/2001
  • Series: Environment and Policy Series, #30
  • Edition description: 2001
  • Edition number: 1
  • Pages: 146
  • Product dimensions: 0.44 (w) x 6.14 (h) x 9.21 (d)

Table of Contents

Ch. 1 Introduction 1
Ch. 2 "Hot Air" in International Emission Trading: How Much and How to Respond? 7
Ch. 3 Accounting of Biological Sources and Sinks: Legal and Economic Considerations 21
Ch. 4 The Long-term Requirement for CDM Forestry and Economic Liability 55
Ch. 5 Increasing the Acceptability of CDM Forestry Through Bundling of Bioenergy and Forest Conservation 75
Ch. 6 Activities Implemented Jointly: An Empirical Analysis 89
Ch. 7 Beyond COP6: The Need for Extended Flexibility 117
Ch. 8 Summary and Conclusion 133
Ch. 9 Terms and Abbreviations 139
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