In the context of its 7th Thematic Session on "Trade, Competitiveness, Financing and Employment" organized on 29th May 2008, the Temporary Committee on Climate Change (CLIM) requested a study on the financing of climate change policies in a global context.

The first Conference of the Parties to the UN Framework Convention on Climate Change opened the path for a new policy instrument to mitigate anthropogenic climate change. It instituted a pilot phase for international emission offsets, “Joint Implementation”, open for all signatories to the...

The debate on environmental policy generally focuses on the industrialized countries. It is often neglected that rapid economic growth in the newly industrializing countries is certain to lead to the rise of environmental issues on a large scale. Especially Eastern and South East Asia will...