dc.contributor.author	Partnership for Market Readiness
dc.contributor.author	International Carbon Action Partnership
dc.date.accessioned	2016-03-07T18:21:18Z
dc.date.available	2016-03-07T18:21:18Z
dc.date.issued	2016-03-07
dc.description.abstract	Note: this version of the Handbook has been superseded.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.	en
dc.identifier.doi	10.1596/23874
dc.identifier.uri	https://hdl.handle.net/10986/23874
dc.language.iso	en_US
dc.publisher	World Bank, Washington, DC
dc.relation.ispartof	Download the Second Edition of the Handbook on this link https://openknowledge.worldbank.org/handle/10986/35413	en
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	carbon trading
dc.subject	climate change
dc.subject	carbon emissions
dc.subject	carbon tax
dc.subject	Emissions Trading System
dc.subject	ETS
dc.title	Emissions Trading in Practice	en
dc.title.subtitle	A Handbook on Design and Implementation	en
dc.type	Technical Paper	en
dc.type	Document technique	fr
dc.type	Documento técnico	es
dspace.entity.type	Publication
okr.crossref.title	Emissions Trading in Practice
okr.date.disclosure	2016-03-07
okr.date.doiregistration	2025-04-11T07:29:05.784332Z
okr.doctype	Publications & Research::Working Paper
okr.doctype	Publications & Research
okr.externalcontent	'2021 edition of this report is at:' https://openknowledge.worldbank.org/handle/10986/35413
okr.guid	353821475849138788
okr.guid	541731484292546048
okr.guid	576251484770800494
okr.guid	541731484292546048
okr.guid	651061479211782041
okr.identifier.doi	10.1596/23874
okr.language.supported	en
okr.relation.associatedurl	https://openknowledge.worldbank.org/handle/10986/35413	en
okr.topic	Environment::Carbon Policy and Trading
okr.topic	Environment::Climate Change Mitigation and Green House Gases
okr.topic	Macroeconomics and Economic Growth::Climate Change Economics
okr.unit	Climate and Carbon Finance Unit

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Emissions Trading in Practice: A Handbook on Design and Implementation