Carbon Market Challenge - Preventing Abuse Through Effective Governance

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.

List of contents

1. An Introduction to Carbon Markets; 2. Towards a Principle-Based Assessment of Regulatory Frameworks for Carbon Markets; 3. Baseline-and-Credit Systems; 4. Cap-and-Trade Systems; 5. Cross-Cutting Risks; 6. Towards Effective Market Oversight.

Summary

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. This title is also available as Open Access on Cambridge Core.

Product details

• Authors: Andrea Baranzini, Baranzini Andrea, Regina Betz, Regina Michaelowa Betz, Betz Regina, Paula Castro, Raphaela Kotsch, Michael Mehling, Mehling Michael, Axel Michaelowa, Katharina Michaelowa, Michaelowa Axel
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 06.10.2022
• EAN: 9781009216470
• ISBN: 978-1-0-0921647-0
• Series: Elements in Earth System Governance
• Subjects: Natural sciences, medicine, IT, technology > Biology > Ecology; Social sciences, law, business > Political science > Political science and political education; SCIENCE / Global Warming & Climate Change, Science: general issues, POLITICAL SCIENCE / General, Climate Change, SCIENCE / General, SCIENCE / Philosophy & Social Aspects, TECHNOLOGY & ENGINEERING / Social Aspects, Technology: general issues, Politics & government, Politics and government, Impact of science & technology on society, Impact of science and technology on society, SOCIAL SCIENCE / Technology Studies