Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation

Currently, about 46 national jurisdictions and 35 cities, states, and regions, representing almost a quarter of global greenhouse gas (GHG) emissions, are putting a price on carbon as a central component of their efforts to reduce emissions and pla...

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Main Authors: Partnership for Market Readiness, International Carbon Action Partnership
Format: Handbook
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/230501617685724056/Emissions-Trading-in-Practice-A-Handbook-on-Design-and-Implementation
http://hdl.handle.net/10986/35413
id okr-10986-35413
recordtype oai_dc
spelling okr-10986-354132022-03-16T05:10:57Z Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation Partnership for Market Readiness International Carbon Action Partnership CARBON CAPTURE REGIONAL GREENHOUSE GAS INITIATIVE GREENHOUSE GAS EMISSIONS EMISSIONS TRADING CARBON PRICING CARBON TAX CLIMATE CHANGE MITIGATION Currently, about 46 national jurisdictions and 35 cities, states, and regions, representing almost a quarter of global greenhouse gas (GHG) emissions, are putting a price on carbon as a central component of their efforts to reduce emissions and place their growth trajectory on a more sustainable footing. An increasing number of these jurisdictions are approaching carbon pricing through the design and implementation of Emissions Trading Systems (ETS). As of 2021, ETSs were operating across four continents in 38 countries, 18 states or provinces, and six cities covering over 40 percent of global gross domestic product (GDP), and additional systems are under development. This handbook sets out a 10-step process for designing and implementing an ETS. These steps are interdependent, and the choices made at each step will have important repercussions for decisions in the other steps. In practice the process of ETS design will be iterative rather than linear. The need to adjust and adapt policies over time is reflected in the update of this handbook, which was first released in 2016. New insights, approaches, and designs have proliferated adjusting the way ETSs operate and further developing our understanding of them. 2021-04-09T13:25:48Z 2021-04-09T13:25:48Z 2021-04 Handbook http://documents.worldbank.org/curated/en/230501617685724056/Emissions-Trading-in-Practice-A-Handbook-on-Design-and-Implementation http://hdl.handle.net/10986/35413 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON CAPTURE
REGIONAL GREENHOUSE GAS INITIATIVE
GREENHOUSE GAS EMISSIONS
EMISSIONS TRADING
CARBON PRICING
CARBON TAX
CLIMATE CHANGE MITIGATION
spellingShingle CARBON CAPTURE
REGIONAL GREENHOUSE GAS INITIATIVE
GREENHOUSE GAS EMISSIONS
EMISSIONS TRADING
CARBON PRICING
CARBON TAX
CLIMATE CHANGE MITIGATION
Partnership for Market Readiness
International Carbon Action Partnership
Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
description Currently, about 46 national jurisdictions and 35 cities, states, and regions, representing almost a quarter of global greenhouse gas (GHG) emissions, are putting a price on carbon as a central component of their efforts to reduce emissions and place their growth trajectory on a more sustainable footing. An increasing number of these jurisdictions are approaching carbon pricing through the design and implementation of Emissions Trading Systems (ETS). As of 2021, ETSs were operating across four continents in 38 countries, 18 states or provinces, and six cities covering over 40 percent of global gross domestic product (GDP), and additional systems are under development. This handbook sets out a 10-step process for designing and implementing an ETS. These steps are interdependent, and the choices made at each step will have important repercussions for decisions in the other steps. In practice the process of ETS design will be iterative rather than linear. The need to adjust and adapt policies over time is reflected in the update of this handbook, which was first released in 2016. New insights, approaches, and designs have proliferated adjusting the way ETSs operate and further developing our understanding of them.
format Handbook
author Partnership for Market Readiness
International Carbon Action Partnership
author_facet Partnership for Market Readiness
International Carbon Action Partnership
author_sort Partnership for Market Readiness
title Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
title_short Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
title_full Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
title_fullStr Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
title_full_unstemmed Emissions Trading in Practice, Second Edition : A Handbook on Design and Implementation
title_sort emissions trading in practice, second edition : a handbook on design and implementation
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/230501617685724056/Emissions-Trading-in-Practice-A-Handbook-on-Design-and-Implementation
http://hdl.handle.net/10986/35413
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