Publication:
Emissions Trading in Practice: A Handbook on Design and Implementation

Loading...
Thumbnail Image
Files in English
English PDF (5.46 MB)
27,964 downloads
English PDF (883.54 KB)
4,140 downloads
Other Files
Chinese PDF (7.39 MB)
5,012 downloads
Chinese PDF (6.25 MB)
1,174 downloads
Spanish PDF (18.7 MB)
2,007 downloads
Date
2016-03-07
ISSN
Published
2016-03-07
Abstract
Note: this version of the Handbook has been superseded. The updated Second Edition of the Handbook can be downloaded at the link below ("Associated URLs"). As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions (NDCs)—to crucial questions about how these emissions reductions are to be delivered and reported within the future international accounting framework. The experience to date shows that, if well designed, emissions trading systems (ETS) can be an effective, credible, and transparent tool for helping to achieve low-cost emissions reductions in ways that mobilize private sector actors, attract investment, and encourage international cooperation. However, to maximize effectiveness, any ETS needs to be designed in a way that is appropriate to its context. This Handbook is intended to help decision makers, policy practitioners, and stakeholders achieve this goal. It explains the rationale for an ETS, and sets out a 10-step process for designing an ETS – each step involves a series of decisions or actions that will shape major features of the policy. In doing so, it draws both on conceptual analysis and on some of the most important practical lessons learned to date from implementing ETSs around the world, including from the European Union, several provinces and cities in China, California and Québec, the Northeastern United States, Alberta, New Zealand, Kazakhstan, the Republic of Korea, Tokyo, and Saitama.
Link to Data Set
Citation
Partnership for Market Readiness; International Carbon Action Partnership. 2016. Emissions Trading in Practice: A Handbook on Design and Implementation. © World Bank, Washington, DC. http://hdl.handle.net/10986/23874 License: CC BY 3.0 IGO.
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue
Associated content
Citations