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for offset trading. The paper first discusses climate finance and the carbon market as free-standing finance solutions by …-income countries due to their greater flexibility and general efficiency. A favorable aspect of well-functioning offset markets is that …-income countries. Instead, mitigation outcomes in the offset market should be attributed to the two finance types in proportion to …
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This paper uses simple analytical models to study high-income donor countries' willingness to pay to supply mitigation finance to low-income countries; how this depends on modality for finance supply; and how it changes as the global greenhouse gas mitigation agenda moves forward. The paper...
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Top-down economic models, such as computable general equilibrium models, are the common tools to assess the economic impacts of climate change policies. However, these models are incapable of representing the detailed technological characteristics of the sources of greenhouse gas emissions. The...
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