Market mechanisms

Mehling, Michael A.; Rajamani, Lavanya and Peel, Jacqueline, eds. (2021) Market mechanisms. In: The Oxford Handbook of International Environmental Law. Oxford University Press, Oxford, pp. 920-936. ISBN 9780198849155

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Abstract

Market mechanisms have emerged as an instrument of environmental policy in recent decades, tracing an unparalleled trajectory from theoretical prescription to practised legal reality. Conceptually, these mechanisms reflect a departure from the conventional toolbox of environmental law, which has traditionally relied on instruments such as liability rules and sanctions to control environmental degradation and overuse.

ORCID iDs

Mehling, Michael A. ORCID logoORCID: https://orcid.org/0000-0001-5167-6551; Rajamani, Lavanya and Peel, Jacqueline