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This working paper explores scenarios under which, as an alternative to offsets, voluntary buyers could instead buy and cancel allowances from compliance markets.
Emissions trading systems (ETS) can play a major role in a cost-effective climate policy framework. This working paper shows that the potential gains to be reaped are so large, that substantial efforts in this domain are warranted.
This working paper aims to examine how voluntary carbon markets can provide a valuable contribution to strengthening domestic and international climate policies.
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Many countries have pledged targets or actions to reduce greenhouse gas emissions in the Copenhagen Accord. New OECD analysis shows that these pledges go towards but are not ambitious enough to limit long-term temperature rise to 2°C.
Our production and consumption patterns are causing irreversible damage to the earth and its atmosphere and we need to urgently reduce our greenhouse gas emissions, according to Angel Gurría. He added that cutting GHG emissions will inevitably involve a restructuring of the economy. Government policies must play a key role not only to enhance the competitive edge of “green” industries, but also to smooth the transition for those that
Global Forum on the Environment – Key issues for the post-2012 climate framework. Organised by the Climate Change Expert Group on the UNFCCC, it focused on several key issues in the current negotiations: finance; capacity building; developing national strategies; reporting national information.
The aim of the Global Carbon Markets Informal Consultation was to advance discussions of new issues and players in carbon markets post-Copenhagen, and begin to explore how countries can prepare for and navigate the current “patchwork” approach to carbon markets.
The objective of the work on Reducing Emissions from Deforestation (and Forest Degradation) in Developing Countries is to assess and evaluate potential positive incentives and policy approaches aiming to contribute to global climate change mitigation.
This working paper offers the first empirical assessment of the linkages between microfinance supported activities and adaptation to climate change.
During a workshop on climate change organised by the European Union, Mr Gurría reminded that "far from perfect, the Copenhagen Accord is a hard-fought political agreement". He added that the world now needs to find an ambitious and legally-binding global agreement on climate change in Mexico and that the EU should continue to play a leading role for the negotiations.