The international community is negotiating a new global climate agreement to be applicable from 2020 onwards. Parties aim at signing the agreement in December 2015, at the Conference of Parties (COP) in Paris. Until then, countries are already preparing proposals for their individual...

Transaction costs will reduce the attractiveness of the Kyoto Mechanisms compared to domestic abatement options. Especially the project-based mechanisms CDM and JI are likely to entail considerable costs of baseline development, verification and certification. The AIJ pilot phase and the PCF...

Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the project-based mechanisms, the factor that most determines the influence of transaction costs...

Gegenstand dieser im Auftrag des Ministeriums für Umwelt und Verkehr Baden-Württemberg erstellten Studie sind die Chancen und Risiken, die mit dem Einsatz von Instrumenten zur räumlichen Flexibilisierung von Reduktionszielen in der deutschen oder auch in der europäischen Klimapolitik...

The authors suggest a multi-layered system of three convergence criteria – similar to those used in the run-up to the European monetary union – that define the notion of „demonstrable progress“ towards reaching the emission commitments under the Kyoto Protocol. These are the existence of...

The authors suggest a multi-layered system of three convergence criteria - similar to those used in the run-up to the European monetary union - that define the notion of "demonstrable progress" towards reaching the emission commitments under the Kyoto Protocol. These are the existence of an...