Plurilateral initiatives are again gaining importance in climate diplomacy as a complement to multilateral efforts – not least in view of the lack of progress in implementing the Paris Agreement and more difficult conditions in the UN process. New alliances are expected to facilitate agreement...

Under the 2022 Inflation Reduction Act, the United States has for the first time implemented a methane emissions fee as a backstop to new methane regulations in the oil and gas sectors. The European Union is also implementing methane regulations on fossil energy. Methane is a short-lived but...

This chapter analyzes legal problems of carbon finance and China from the perspective of WTO law. The scope, participants and risks of carbon finance are firstly analyzed. It then reviews the practice of carbon finance in China. It is argued that international cooperation in carbon financial...