This book explores the establishment of emissions trading as a form of environmental, market-based governance. It conceptualizes markets as institutions, and analyzes them as a system of climate governance. To this end, it argues that international efforts to promulgate markets run up against...

A transition to sustainable development and net-zero greenhouse gas emissions is key to achieve the temperature limits established by the Paris Agreement (PA) and the global sustainable development goals (SDGs) agreed in the 2030 Agenda. To explore how carbon market approaches under Article 6 of...

"The insightful book contributes to developing the architecture for a global climate agreement and, in doing so, seeks and proposes new approaches to climate change mitigation by linking it to the international trade system. The author suggests the adoption of a bottom-up approach to climate...