Publication:
State and Trends of the Carbon Market 2011

Simple item page
dc.contributor.authorLinacre, Nicholas
dc.contributor.authorKossoy, Alexandre
dc.contributor.authorAmbrosi, Philippe
dc.date.accessioned2013-05-14T15:15:41Z
dc.date.available2013-05-14T15:15:41Z
dc.date.issued2011-06
dc.description.abstractAfter five consecutive years of robust growth, the total value of the global carbon market stalled at $142 billion. Suffering from the lack of post-2012 regulatory clarity, the value of the primary Clean Development Mechanism (CDM) market fell by double-digits for the third year in a row, ending lower than it was in 2005, the first year of the Kyoto protocol. The Assigned Amount Unit (AAU) and the United States Regional Greenhouse Gas Initiative (RGGI) markets shrank as well. As these segments declined, the dominance of the European Union Allowances (EUAs) market became more pronounced than ever and the share of the carbon market primarily driven by the EU Emissions Trading Scheme (EU ETS) rose to 97 percent, dwarfing the remaining segments of the market. The carbon market growth halted at a particularly inopportune time: 2010 proved to be the hottest on record, while emission levels continued their seemingly inexorable rise. In the end, however, the year may be remembered most for the political opportunities that arose, yet were ultimately failed to materialize in the United States, Japan, Australia, and the Republic of Korea. While the international regulatory environment remains uncertain, national and local initiatives have noticeably picked up and may offer the potential to collectively overcome the international regulatory gap. These initiatives signal that, one way or another, solutions that address the climate challenge will emerge.en
dc.identifier.doi10.1596/13399
dc.identifier.urihttps://hdl.handle.net/10986/13400
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectabatement
dc.subjectacid
dc.subjectadaptation activities
dc.subjectAir
dc.subjectAllocation
dc.subjectAllowance
dc.subjectallowance prices
dc.subjectallowance trading
dc.subjectamount of emissions
dc.subjectannual emission
dc.subjectannual emissions
dc.subjectanthropogenic emission
dc.subjectatmosphere
dc.subjectauction
dc.subjectbusiness as usual scenario
dc.subjectcap and trade systems
dc.subjectCARB
dc.subjectCarbon
dc.subjectcarbon assets
dc.subjectCarbon Capture
dc.subjectcarbon content
dc.subjectCarbon Credit
dc.subjectCarbon Dioxide
dc.subjectCarbon Dioxide Equivalent
dc.subjectcarbon economy
dc.subjectcarbon exchanges
dc.subjectCarbon Finance
dc.subjectcarbon funds
dc.subjectcarbon Investment
dc.subjectcarbon leakage
dc.subjectCarbon Market
dc.subjectCarbon Market Analyst
dc.subjectcarbon market development
dc.subjectcarbon markets
dc.subjectcarbon offsets
dc.subjectCarbon Price
dc.subjectcarbon sinks
dc.subjectcarbon tax
dc.subjectcarbon taxes
dc.subjectcarbon transactions
dc.subjectCarbon Units
dc.subjectCarbon_Market
dc.subjectcarbon_price
dc.subjectCertified Emission Reduction
dc.subjectCertified Emission Reductions
dc.subjectCH4
dc.subjectClean Air
dc.subjectClean Air Act
dc.subjectClean Development
dc.subjectClean Development Mechanism
dc.subjectclean energy
dc.subjectClimate
dc.subjectClimate Action
dc.subjectClimate Change
dc.subjectclimate change impact
dc.subjectClimate Change Levy
dc.subjectClimate Change Policies
dc.subjectClimate Exchange
dc.subjectclimate legislation
dc.subjectclimate policy
dc.subjectCo
dc.subjectCO2
dc.subjectCoal
dc.subjectCoal Mine
dc.subjectcolors
dc.subjectcombating climate change
dc.subjectconservation of forests
dc.subjectconvergence
dc.subjectcropland management
dc.subjectDebt
dc.subjectdeveloped countries
dc.subjectDioxide Carbon
dc.subjectDNA
dc.subjectdomestic emissions
dc.subjectdomestic offsets
dc.subjectEcosystem
dc.subjectelectricity
dc.subjectelectricity generation
dc.subjectelectricity sector
dc.subjectEmission
dc.subjectemission allowances
dc.subjectemission levels
dc.subjectemission limitation
dc.subjectEmission Reduction
dc.subjectemission reduction commitments
dc.subjectemission reduction programs
dc.subjectEmission Reduction Project
dc.subjectEmission Reduction Purchase Agreement
dc.subjectemission reduction target
dc.subjectemission reduction targets
dc.subjectEmission Reduction Unit
dc.subjectEmission Reduction Units
dc.subjectEmission Reductions
dc.subjectemission standards
dc.subjectemission targets
dc.subjectemission trading
dc.subjectemission] allowances
dc.subjectEmissions
dc.subjectemissions from aviation
dc.subjectEmissions from Deforestation
dc.subjectemissions intensity
dc.subjectemissions reduction
dc.subjectemissions reductions
dc.subjectEnergy Efficiency
dc.subjectenergy efficiency measures
dc.subjectenergy policies
dc.subjectEnergy Savings
dc.subjectenergy security
dc.subjectenvironmental
dc.subjectenvironmental benefits
dc.subjectEnvironmental Improvement
dc.subjectenvironmental integrity
dc.subjectEnvironmental Protection
dc.subjectExpenditures
dc.subjectfinancial flows
dc.subjectFinancial Instruments
dc.subjectfinancial support
dc.subjectForest
dc.subjectforest carbon
dc.subjectforest cover
dc.subjectForest Degradation
dc.subjectForestry
dc.subjectforestry operations
dc.subjectforestry projects
dc.subjectFramework Convention on Climate Change
dc.subjectFree allocation
dc.subjectfreeze
dc.subjectfuels
dc.subjectGHG
dc.subjectglobal carbon market
dc.subjectglobal emission
dc.subjectglobal emissions
dc.subjectGlobal Warming
dc.subjectGreenhouse
dc.subjectGreenhouse Gas
dc.subjectgreenhouse gas emission
dc.subjectgreenhouse gas emission reduction
dc.subjectgreenhouse gas emissions
dc.subjectGreenhouse Gas Reduction
dc.subjectgreenhouse gas reduction target
dc.subjectGreenhouse Gases
dc.subjectHydrochlorofluorocarbon
dc.subjectimpacts of climate change
dc.subjectinternational carbon market
dc.subjectinternational climate change regime
dc.subjectInternational Credits
dc.subjectinternational offsets
dc.subjectinvestment decisions
dc.subjectLand Management
dc.subjectLand Use
dc.subjectLand Use Change
dc.subjectLandfill
dc.subjectLandfill Gas
dc.subjectLow-carbon
dc.subjectmarket mechanism
dc.subjectMarket Prices
dc.subjectMethane
dc.subjectMitigation Actions
dc.subjectMonetary Fund
dc.subjectN2O
dc.subjectNational Climate Change Policy
dc.subjectnational forestry
dc.subjectnatural gas
dc.subjectnegative impacts
dc.subjectNitrous Oxide
dc.subjectNOX
dc.subjectnuclear energy
dc.subjectODS
dc.subjectoffset credits
dc.subjectOffset Prices
dc.subjectoil
dc.subjectoxides
dc.subjectozone
dc.subjectparticulates
dc.subjectpastures
dc.subjectPerfluorocarbon
dc.subjectpolicy makers
dc.subjectPollution
dc.subjectPollution Reduction
dc.subjectportfolio
dc.subjectpower generation
dc.subjectpower sector
dc.subjectPP
dc.subjectPresent Value
dc.subjectprice floor
dc.subjectReducing Emissions
dc.subjectregional emissions
dc.subjectRegional Greenhouse Gas Initiative
dc.subjectRenewable Energy
dc.subjectrenewable energy sources
dc.subjectscenarios
dc.subjectSecondary Markets
dc.subjectSecurities
dc.subjectSF6
dc.subjectSO2
dc.subjectSoil Carbon
dc.subjectStreams
dc.subjectSulfur
dc.subjectsulfur dioxide
dc.subjectSulfur Hexafluoride
dc.subjectsurface temperature
dc.subjectsustainable development
dc.subjectsustainable forest
dc.subjectsustainable forest management
dc.subjecttotal cap
dc.subjecttotal emissions
dc.subjecttotal greenhouse
dc.subjecttotal greenhouse gas
dc.subjecttrade system
dc.subjecttrading programs
dc.subjecttransaction costs
dc.subjecttransport sector
dc.subjectUNEP
dc.subjecturban forestry
dc.subjectVoluntary Emissions
dc.subjectWind
dc.subjectWind Power
dc.subjectWMO
dc.titleState and Trends of the Carbon Market 2011en
dspace.entity.typePublication
okr.crosscuttingsolutionareaClimate Change
okr.date.disclosure2011-07-15
okr.date.doiregistration2025-05-09T10:53:00.741332Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeEnergy and Extractives
okr.identifier.report63270
okr.language.supporteden
okr.topicEnergy::Energy Production and Transportation
okr.topicEnvironment::Carbon Policy and Trading
okr.topicEnvironment::Climate Change Mitigation and Green House Gases
okr.topicEnvironment::Environmental Economics & Policies
okr.topicMacroeconomics and Economic Growth::Climate Change Economics
okr.unitCarbon Finance (CPFCF)
Files
Original bundle
Now showing 1 - 3 of 3
Thumbnail Image
Name:
63270.pdf
Size:
4.03 MB
Format:
Adobe Portable Document Format
Description:
English PDF
Download
No Thumbnail Available
Name:
63270.txt
Size:
365.63 KB
Format:
Plain Text
Download
Thumbnail Image
Name:
9787502191108.pdf
Size:
3.57 MB
Format:
Adobe Portable Document Format
Description:
Chinese PDF
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
State and Trends of Carbon Pricing
Chinese PDFs Available