Greenhouse gas emissions trading and project-based mechanisms for greenhouse gas reduction are emerging market-based instruments for climate change policy. They are also increasingly viewed as cost-effective, flexible and environmentally efficient instruments for reducing greenhouse gas emissions

The papers in this book cover the experience of developing and transition countries with greenhouse gas emissions trading and project-based mechanisms and examine the use of tradeable permits in policy mixes and harmonisation of emissions trading schemes, as well as transition issues relating to...

Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Act Locally, Trade Globally seeks to provide a complete picture of the future role of emissions trading in climate policy and the...

This brief focuses on the role carbon pricing can play in the COVID-19 recovery and in reaching national and international climate goals, such as those in the Paris Agreement. It outlines the carbon pricing policy changes (Emissions Trading Schemes (ETS), fossil fuel support (FFS), carbon, fuel...

Car ownership is set to triple by 2050, trucking activity will double and air travel could increase fourfold. This book examines how to enable mobility without accelerating climate change. It finds that if we change the way we travel, adopt technologies to improve vehicle efficiency and shift to...