The differences in the way climate change mitigation projects are facilitated under the Kyoto Protocol as compared to the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) demonstrate institutional change processes that evolved from global climate change...

In an impure public good model we analyze the effects of CDM transfers on poverty as well as on the global climate protection level. We construct an analytical model of a developing and an industrialized region, both of which independently seek to maximize their utility - a function of private...

In this paper, we examine the role of the EU's major climate action policy instrument (the EU Emissions Trading Scheme-EU-ETS) as a tool for governing carbon and in the EU's energy future. We conclude by making the case for bold action that will see the EU maintain its leadership of global...