This chapter reviews the current status of and prospects for efforts to include emissions from deforestation (and international forest carbon activities in general) in emerging greenhouse gas compliance regimes at the international level; future iterations of the European Union Emissions Trading...

Trade-related measures aim to regulate side-effects in international environmental agreements and are expected to positively influence the level of participation in the agreements as well as their degree of stability. In this paper we examine one side-effect of the 1994 International Tropical...

The framework and starting point for analyzing forest and forestry project activities under the clean development mechanism (CDM) is the historical legal and scientific international recognition of the role carbon quot;sinksquot; and quot;reservoirsquot; can play in mitigating climate change....

Trade-related measures aim to regulate side-effects in international environmental agreements and are expected to positively influence the level of participation in the agreements as well as their degree of stability. In this paper we examine one side-effect of the 1994 International Tropical...

Because forests play a critical role in the global carbon cycle, the international community is actively pursuing policies and programs to conserve and increase the amount of carbon stored in forests. As the international community moves closer to an agreement on terrestrial carbon...

Concerns over the rapid increase of anthropogenic greenhouse gases (GHGs) in the atmosphere led to the adoption of the Kyoto Protocol to the United Nations Convention on Climate Change, under which 5.2% reduction of the global GHGs emissions was committed. More reduction commitment is expected...

As GHG emissions did not decline as anticipated early of the 1990ties Carbon Capture and Storage (CCS) recently gained more and more attention as a climate change mitigation option. However, CO2 suppressed in geological reservoirs is likely to lead to future releases of the CO2 stored. This...

Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...

We study climate policy when there are technology spillovers within and across countries, and the technology externalities within each country are corrected through a domestic subsidy of R&D investments. We compare the properties of international climate agreements when the inter-country...

The Russian Federation played a crucial role in the ratification of the Kyoto Protocol. Indeed, after the US decision not to comply with the treaty, its ratification turned out to be indispensable for the Protocol to become legally binding. In early 2002, the Russian government decided to...