This paper reviews proposals for the design of sectoral and related market mechanisms that are being debated both in the UNFCCC negotiations and in different domestic legislative contexts. Decisions on the design and scope of the mechanisms in the UNFCCC negotiations would affect the future...

China faces the dynamic of rapid economic development that drives ever increasing energy use, primarily electricity, and consequently increasing CO2 emissions. It has taken a pledge to curb its emissions intensity, and is exploring various policy approaches to fulfil that aim, including...

Market-based mechanisms offer a number of advantages to other regulatory approaches for GHG mitigation such as technology or performance standards and feed-in tariffs. Advantages include their ability to attain an emissions goal at lower cost and to create incentives for innovation among sources...

Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM),...

Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing countries beyond the existing Clean Development Mechanism (CDM),...

This paper was prepared for the OECD-IEA Climate Change Expert Group (formerly called the Annex I Expert Group) for the purpose of providing useful and timely input on specific topics relevant to international negotiations under the United Nations Framework Convention on Climate Change (UNFCCC)....

This paper examines environmental and institutional implications of the use of tradable GHG units under different international accounting scenarios in the post-2012 international climate change policy framework. A range of possible scenarios is presented based on analysis on various building...

The use of tradable greenhouse gas (GHG) units to meet emissions reduction goals is likely to continue after 2012 as many countries have expressed support for using market mechanisms to promote and enhance the cost-effectiveness of mitigation. Most such mechanisms would use tradable GHG units...