Linking permit markets multilaterally
A patchwork of emissions trading systems (ETSs) currently operate in several jurisdictions, including the EU, Switzerland, South Korea and several US states and Canadian provinces. China has also been
EU-ETS
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Analysis of key trends and drivers in greenhouse gas emissions in the EU between 1990 and 2014
This paper briefly analyses the major factors that accounted for decreased greenhouse gas (GHG) emissions excluding land use, land use changes and forestry (LULUCF) in the EU-28. It consists of two parts:
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Demand for offsetting and insetting in the EU Emissions Trading System
International carbon offsetting can help reduce compliance costs in emissions trading schemes and at the same time support carbon mitigation projects in developing countries. A surprising observation from
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Fossil fuel subsidies from Europe’s carbon market
From 2013 onwards, emission allowances are no longer granted for free to power companies under the EU’s Emissions Trading System (EU ETS). These companies instead have to buy all of their allowances through
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Emissions trading in practice: a handbook on design and implementation
As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions
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Sustainable hydropower and carbon finance
The Clean Development Mechanism (CDM) has helped finance more than 2000 hydropower projects, representing the largest source of OECD bilateral funding for hydropower. Europe, through its European Union
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Calculation of additional profits of sectors and firms from the EU ETS
This study has calculated the additional profits that sectors and companies have made from the EU ETS from 2008 to 2014, distinguishing between three types of profits: Profits from over allocation of free
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Emissions Trading Worldwide: International Carbon Action Partnership (ICAP) Status Report 2016
The International Carbon Action Partnership’s Status Report 2016 shows emissions trading is gaining ever more importance in the fight against climate change. The International Carbon Action Partnership’s
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Climate change policy, innovation and growth
Countries should set targets to increase public investment in low-carbon research and development (R&D) slowly and steadily beyond 2020, according to a report published by the Grantham Research Institute
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After Paris: fiscal, macroeconomic, and financial implications of climate change
In a report published as part of the International Monetary Fund (IMF) Staff Discussion Note (SDN) series, experts examine the role that fiscal polices can play in assisting countries to implement the
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NAMAs and INDCs: interactions and opportunities
A new paper discusses the current and potential interaction between nationally appropriate mitigation actions (NAMAs) and intended nationally determined contributions (INDCs). With a view on the climate