New market mechanisms : prerequisites for implementation
- The Durban conference decided to establish a new market-based mechanism that is to cover a broad segment of a country's economy. The implementation details are to be agreed at this year's conference in Qatar. The question is, however, which developing countries would actually be able to implement such a new mechanism. The introduction of the EU emission trading system highlighted the many challenges that even advanced developed countries face when establishing a carbon market. This paper by Wolfgang Sterk and Florian Mersmann therefore aims to explore the essential prerequisites for the implementation of new market mechanisms (NMM). In addition to a theoretical discussion it considers the cases of China and Mexico.
| Document Type: | Peer-Reviewed Article |
|---|---|
| Author: | Wolfgang SterkORCiDGND, Florian Mersmann |
| Year of Publication: | 2012 |
| Language: | English |
| Source Title (English): | Carbon & climate law review |
| Issue: | 2 |
| First Page: | 384 |
| Last Page: | 395 |
| Divisions: | Energie-, Verkehrs- und Klimapolitik |
| Dewey Decimal Classification: | 320 Politik |
