The objective of this paper is to provide an axiomatic foundation to the concept of ecological footprint indices. For this purpose, we propose five axioms representing general properties which any ecological footprint measure should fulfill. It can be shown that there exists a unique index which...

We are increasingly witnessing the social and ecological crises of our time becoming entangled and amplifying each other. The current policy responses from national states and international governance bodies remain within the dominant framework of economic growth-centred strategies. In this...

The political agenda of eco-social policy seeks to create synergies between social justice and ecological goals, such as mitigating climate change. While the concept already has a strong theoretical foundation, and many concrete policy instruments have been proposed, support for eco-social...

Environmental quality and climate change have long attracted attention in policy debates. Recently, air quality has emerged on the policy agenda. We calculate a new index of air quality using CO2 and SO2 emissions per capita as indicators and provide a ranking for 122 countries from 1985 to...

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...

This paper investigates the implications of U.S. withdrawal on environmental effectiveness, economic efficiency, and the distribution of compliance costs taking into account market power of the Former Soviet Union (FSU) on emission permit markets. While exercise of market power on behalf of FSU...