As emissions trading schemes (ETS) continue to emerge around the world, governments are starting to consider and implement linkages between their domestic schemes. This paper analyses the case for a link between the EU ETS and the upcoming South Korean ETS.
This report looks at potential options for curbing emissions from international aviation. It considers the environmental, economic and political consequences of potential market based mechanisms, and offers an overall assessment of climate policy in this sector.
This paper reviews the fiscal implications of climate change, and the potential role of the Fund in addressing them. It stresses that:
UNEP’s Green Economy initiative is about meeting the multiple challenges on a planet of six billion people rising to over nine billion by 2050, by maximising the impact and opportunities of different investment choices in order to globally propel low carbon, resource efficient growth.
This book offers a global overview of the present status of action on climate change and on the efforts devoted to develop innovative economic tools.
Linking emissions trading schemes is the bottom-up approach to creating a global carbon market. It entails political compromise and a careful assessment of the trade-off between its advantages and disadvantage.
This paper, Korea Environmental Policy Bulletin: Emissions Trading Scheme, introduced the operation of the Korean Emission Trading Scheme (ETS). Korea's greenhouse gas (GHG) emissions have continued to increase over the decades.