As GHG emissions did not decline as anticipated early of the 1990ties Carbon Capture and Storage (CCS) recently gained more and more attention as a climate change mitigation option. However, CO2 suppressed in geological reservoirs is likely to lead to future releases of the CO2 stored. This...

Joint Implementation (JI) is a potentially powerful instrument of climate policy that could lead to a high amount of additional financial flows to developing countries. Nevertheless, many NGOs and developing country representatives are very skeptical about JI and fear that it would not take into...

The authors suggest a multi-layered system of three convergence criteria - similar to those used in the run-up to the European monetary union - that define the notion of "demonstrable progress" towards reaching the emission commitments under the Kyoto Protocol. These are the existence of an...