Through analysis of the European Union Emissions Trading Scheme (EU ETS) and the Clean Development Mechanism (CDM), this book demonstrates how to use a variety of econometric techniques to analyze the evolving and expanding carbon markets sphere, techniques that can be extrapolated to the...

This paper employs the Extreme Value Theory (EVT) to measure the 'Value at Risk' (VaR) of EUA futures prices. The results show that during the sample period: first, the EVT approach can be used to reliably measure the extreme risk of carbon futures markets of the European Union Emissions Trading...

Payments for environmental services (PES) are a potential mechanism to provide incentives for sustainable management of grasslands and reduction of greenhouse gas emissions. PES is not widely practiced in Mongolia, but has been included in the Green Development Strategy of the government. This...

The threats posed by climate change have significant impacts on Mongolia’s grassland ecosystems and herders’ livelihoods. This publication discusses the auses of climate change and its impacts on livelihoods and ecosystems for herders and the general public. It explains how good pasture...

Climate change is a threat to Mongolia’s economic growth, sustainable development, and fragile environment. Well-designed actions to mitigate climate change can provide multiple benefits, including socioeconomic development and resilience to climate variability and change. Nationally...

Climate change is a threat to Mongolia’s economic growth, sustainable development, and fragile environment. Well-designed actions to mitigate climate hange can provide multiple benefits, including socioeconomic development and resilience to climate variability and change. Nationally...