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Kyoto Flexible Mechanisms: Opportunities and Barriers for Industry and Financial Institutions. CEPS Working Document No. 181, March 2002

Janssen, Josef. (2002) Kyoto Flexible Mechanisms: Opportunities and Barriers for Industry and Financial Institutions. CEPS Working Document No. 181, March 2002. [Working Paper]

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    Abstract

    The Kyoto Protocol established global markets for greenhouse gas emissions reductions and permits. Such emerging markets will offer challenging opportunities to a wide variety of different players in industry and commerce. By means of the market-based Flexible Mechanisms Joint Implementation, Clean Development Mechanism and International Emissions Trading it will be possible to trade emissions permits globally. This chapter explores opportunities of the Flexible Mechanisms for industry, including the financial sector. Moreover, it identifies possible barriers to their realisation. This analysis is preceded by a discussion of the possible seize of global markets for emissions permits. In addition, this chapter examines key features of the Flexible Mechanisms that are relevant from an industry perspective.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > employment/labour market > employment/unemployment
    EU policies and themes > Policies & related activities > economic and financial affairs > business/private economic activity
    Subjects for EU documents: UNSPECIFIED
    EU Series: UNSPECIFIED
    ["eprint_fieldname_eusries" not defined]: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Working Documents
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 04 Oct 2009
    Page Range: p. 57
    Last Modified: 15 Feb 2011 18:16
    URI: http://aei.pitt.edu/id/eprint/11674

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