1 Introduction -- 2 The Issue of Climate Change.- 3 The Rise of the Emission Markets -- 4 The Economics of Mitigation Strategies -- 5 The Finance of Environment Investments -- 6 The Emission Price Dynamics -- Bibliography

1. Introduction to Emissions Trading -- 2. CO2 Price Fundamentals -- 3. Link With The Macroeconomy -- 4. The Clean Development Mechanism -- 5. Risk-Hedging Strategies And Portfolio Management -- 6. Advanced Topics: Time-To-Maturity and Modeling the Volatility of Carbon Prices -- Solutions -- Index

This textbook provides an introduction to environmental finance and investments. The current situation raises fundamental questions that this book aims to address. Under which conditions could carbon pricing schemes contribute to a significant decrease in emissions? What are the new investment...

Emissions trading challenges the management of companies in an entirely new manner: Not only does it, like other market-based environmental policy instruments, allow for a bigger flexibility in management decisions concerning emission issues. More importantly, it shifts the mode of governance of...

Emissions trading (ET) challenges business managers in an entirely new manner, changing the criteria by which environmental policy steers management decisions from hierarchical to monetary. The 24 contributions to this volume discuss ET theoretically and empirically in these broad topic areas:...

in die auktionsbasierte nationale Reallokation von Treibhausgas-Emissionsrechten und Treibhausgas-Emissionsgutschriften auf Unternehmensebene -- Hintergrund der Treibhausgas-Emissionsrechte und Treibhausgas-Emissionsgutschriften -- Realproblem der Reallokation von Treibhausgas-Emissionsrechten...

The current, unprecedented loss of global biodiversity resulting from anthropogenic interference in the world's ecosystems is affecting human well-being across the globe with increasing severity. This book examines two issues that are at the center of the public discussion on biodiversity. It...