May 4, 2022 | EU - Policies, Uncategorized
The EU: Pioneers of ETS Before comparing the different existing and emerging schemes globally, it is crucial to briefly describe the first and largest system for reducing greenhouse gasses (GHG)– The European Union’s Emissions Trading System. Its...
May 6, 2020 | Economic Concepts
Joint Implementation (JI) is the second of the Kyoto protocol’s reduction incentives. Like the CDM, it is a way of issuing tradable carbon allowances for Article I countries (countries with mandatory reduction targets) to trade, but unlike the CDM, it encourages...
May 6, 2020 | Economic Concepts, Key Terms and Agreements
The Clean Development Mechanism (CDM) works to reward developed countries who aid developing countries in their sustainable development. It does this by issuing sustainable development projects with Certified Emissions Reductions (CER), which can be bought as carbon...
