Is carbon trading a just policy response to climate change? To answer this question, I begin by proposing necessary conditions for a just emissions trading scheme. It should lower emissions, and distribute burdens fairly. The Australian carbon trading scheme did not meet these conditions. The...

Part I: Green Finance and Investment Dynamics -- Chapter 1: Green Finance Initiatives and Their Potential to Drive Sustainable Development -- Chapter 2: Comparative Efficiency of Green Assets and Black Assets Around the Russo-Ukraine War -- Chapter 3: Does Foreign Green Finance Inspire...

After twenty years of global negotiations, the world is still far from a comprehensive climate agreement. The "top-down" approach embodied by the Kyoto Protocol has all but stalled, chiefly due to disagreements over levels of ambition and objections to financial transfers. To avoid those...