The Carbon Market Challenge : Preventing Abuse through Effective Governance

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Betz, Regina and Michaelowa, Axel and Castro, Paula and Kotsch, Raphaela and Mehling, Michael and Michaelowa, Katharina and Baranzini, Andrea (2022) The Carbon Market Challenge : Preventing Abuse through Effective Governance. Cambridge University Press, Cambridge. ISBN 9781009216500 (https://doi.org/10.1017/9781009216500)

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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.

ORCID iDs

Betz, Regina, Michaelowa, Axel, Castro, Paula, Kotsch, Raphaela, Mehling, Michael ORCID logoORCID: https://orcid.org/0000-0001-5167-6551, Michaelowa, Katharina and Baranzini, Andrea;
CORE (COnnecting REpositories)