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The Carbon Market Challenge : Preventing Abuse Through Effective Governance


Betz, Regina; Michaelowa, Axel; Castro Pareja, Paula Monica; Kotsch, Raphaela Andrea; Mehling, Michael; Michaelowa, Katharina; Baranzini, Andrea (2022). The Carbon Market Challenge : Preventing Abuse Through Effective Governance. Cambridge: Cambridge University Press.

Abstract

Carbon markets – both emission trading systems and baseline and credit systems – are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core.

Abstract

Carbon markets – both emission trading systems and baseline and credit systems – are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core.

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Item Type:Monograph
Communities & Collections:06 Faculty of Arts > Institute of Political Science
Dewey Decimal Classification:320 Political science
Language:English
Date:12 September 2022
Deposited On:28 Sep 2022 12:41
Last Modified:29 Sep 2022 08:56
Publisher:Cambridge University Press
Series Name:Elements in Earth System Governance
Number of Pages:90
ISBN:978-1-009-21647-0
OA Status:Hybrid
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.1017/9781009216500
  • Content: Published Version
  • Language: English
  • Licence: Creative Commons: Attribution 4.0 International (CC BY 4.0)