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

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dc.description.abstract Note: this version of the Handbook has been superseded.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.uri http://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.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.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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