Governing Carbon Markets with Distributed Ledger Technology

Governing Carbon Markets with Distributed Ledger Technology PDF Author: Alastair Marke
Publisher: Cambridge University Press
ISBN: 1108843565
Category : Law
Languages : en
Pages : 217

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Book Description
A practical legal analysis of how distributed ledger technology can help achieve sustainable and cost-effective outcomes in carbon markets.

Governing Carbon Markets with Distributed Ledger Technology

Governing Carbon Markets with Distributed Ledger Technology PDF Author: Alastair Marke
Publisher: Cambridge University Press
ISBN: 1108843565
Category : Law
Languages : en
Pages : 217

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Book Description
A practical legal analysis of how distributed ledger technology can help achieve sustainable and cost-effective outcomes in carbon markets.

Effective Global Carbon Markets

Effective Global Carbon Markets PDF Author: Justin D. Macinante
Publisher: Edward Elgar Publishing
ISBN: 1839109483
Category : Law
Languages : en
Pages : 264

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Book Description
As numerous jurisdictions implement emissions mitigation mechanisms that put a price on carbon, this incisive book explores the emerging emissions markets and their diverse and fragmented nature. It proposes an innovative model for connecting such markets, offering a significantly more successful and expeditious achievement of climate policy objectives.

Governing Carbon Markets with Distributed Ledger Technology

Governing Carbon Markets with Distributed Ledger Technology PDF Author: Alastair Marke
Publisher: Cambridge University Press
ISBN: 1108911447
Category : Law
Languages : en
Pages : 217

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Book Description
Carbon markets involve complex governance challenges, such as ensuring transparency of emissions, facilitating as well as recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems. This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementation of a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in the implementation of carbon markets.

Networked Carbon Markets

Networked Carbon Markets PDF Author: Adrian Jackson
Publisher:
ISBN:
Category :
Languages : en
Pages : 16

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Book Description
Carbon markets are key components in the climate change mitigation response, enabling a price to be placed on carbon emissions. Connecting these markets has the potential to allow a more integrated, efficient, and globally consistent price on carbon which will promote greater confidence in the market, investment and, ultimately, help foster new technology development through climate finance.The challenge to connecting carbon markets is that each individual carbon market has its own legal and regulatory framework and its own rules for assigning and accounting for the carbon units traded. This presents significant legal and political hurdles that rule out a single, global, carbon market being established. An alternative, 'bottom-up' solution, to enable carbon trading between a range of markets without forcing legal and regulatory homogeneous standardisation and conformity on those markets, would be a more practical way to connect them.One candidate technology to facilitate such connection, is the 'Distributed Ledger' (DL), which provides the combination of a distributed database with public/private key encryption and a decentralised infrastructure. This potentially allows for innovative solutions to data sharing, or transaction management application areas, making it a good first-order match to the emerging requirements for an interoperable carbon market infrastructure.To meet the objectives of the Paris Agreement, a solution needs to be found that facilitates a global-scale distributed infrastructure, which allows a diverse set of markets and participants to utilise and exploit it. The established literature on innovation and technology diffusion gives guidance on this issue, but no ability to predict success.The purpose of this White Paper, therefore, is to outline the most important questions identified in relation to the connecting of carbon markets through the application of DL technologies, and outline the authors' current thoughts on those questions.

Transforming Climate Finance and Green Investment with Blockchains

Transforming Climate Finance and Green Investment with Blockchains PDF Author: Alastair Marke
Publisher: Academic Press
ISBN: 0128144483
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
Transforming Climate Finance and Green Investment with Blockchains establishes and analyzes the connection between this revolutionary technology and global efforts to combat climate change. The benefits of blockchain come through various profound alterations, such as the adoption of smart contracts that are set to redefine governance and regulatory structures and transaction systems in coming decades. Each chapter contains a problem statement that describes the challenges blockchain technology can address. The book brings together original visions and insights from global members of the Blockchain Climate Institute, comprising thought leaders, financial professionals, international development practitioners, technology entrepreneurs, and more. This book will help readers understand blockchain technology and how it can facilitate the implementation of the Paris Agreement and accelerate the global transition to a green economy. Provides an authoritative examination of this emerging digital technology and its implications on global climate change governance Includes detailed proposals and thorough discussions of implementation issues that are specific to green economy sectors Relates innovative proposals to existing applications to demonstrate the value add of blockchain technology Covers blockchain for the smarter energy sector, for fraud-free emissions management, to streamline climate investments, and legal frameworks for blockchain-based climate finance

Effective and Flexible Emissions Trading Markets

Effective and Flexible Emissions Trading Markets PDF Author: Justin Damian Macinante
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


The Politics of Carbon Markets

The Politics of Carbon Markets PDF Author: Benjamin Stephan
Publisher: Routledge
ISBN: 1134590121
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
The carbon markets are in the middle of a fundamental crisis - a crisis marked by collapsing prices, fleeing actors, and ever increasing greenhouse gas levels. Yet carbon trading remains at the heart of global attempts to respond to climate change. Not only this, but markets continue to proliferate - particularly in the Global South. The Politics of Carbon Markets helps to make sense of this paradox and brings two urgently needed insights to the analysis of carbon markets. First, the markets must be understood in relation to the politics involved in their development, maintenance and opposition. Second, this politics is multiform and pervasive. Implementation of new techniques and measuring tools, policy development and contestation, and the structuring context of institutional settings and macro-social forces all involve a variety of political actors and create new forms of political agency. The contributions study the total extent of the carbon markets, from their prehistory to their contemporary expansion and wider impacts. This wide-ranging political perspective on the carbon markets is invaluable to those studying and interested in ecological markets, climate change governance and environmental politics.

The Carbon Market Challenge

The Carbon Market Challenge PDF Author: Regina Betz
Publisher: Cambridge University Press
ISBN: 100921649X
Category : Political Science
Languages : en
Pages : 150

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Book Description
Carbon markets – both emission trading systems and baseline and credit systems – are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core.

Carbon Markets in a Climate-Changing Capitalism

Carbon Markets in a Climate-Changing Capitalism PDF Author: Gareth Bryant
Publisher: Cambridge University Press
ISBN: 1108386229
Category : Political Science
Languages : en
Pages : 195

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Book Description
The promise of harnessing market forces to combat climate change has been unsettled by low carbon prices, financial losses, and ongoing controversies in global carbon markets. And yet governments around the world remain committed to market-based solutions to bring down greenhouse gas emissions. This book discusses what went wrong with the marketisation of climate change and what this means for the future of action on climate change. The book explores the co-production of capitalism and climate change by developing new understandings of relationships between the appropriation, commodification and capitalisation of nature. The book reveals contradictions in carbon markets for addressing climate change as a socio-ecological, economic and political crisis, and points towards more targeted and democratic policies to combat climate change. This book will appeal to students, researchers, policy makers and campaigners who are interested in climate change and climate policy, and the political economy of capitalism and the environment.

Pricing and Forecasting Carbon Markets

Pricing and Forecasting Carbon Markets PDF Author: Bangzhu Zhu
Publisher: Springer
ISBN: 3319576186
Category : Business & Economics
Languages : en
Pages : 180

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Book Description
This book applies the multidisciplinary approaches of econometrics, statistics, finance and artificial intelligence for pricing and forecasting the carbon market in the context of managerial issues. It explores the related issues of pricing and forecasting the carbon market using theoretical models and empirical analyses, demonstrating how the carbon market, as a policy-based artificial market, is complex and influenced by both the market mechanisms and the external heterogeneous environments. By integrating the features of analytical systems, it offers insights to further our scientific understanding of the pricing mechanism and the variable laws governing the carbon market. Moreover, it lays a foundation for dealing with climate change in China and constructing a national carbon market there. Ultimately, it actively contributes to the energy saving and CO2 emission reduction promoted by the carbon market. The carbon market, represented by the European Union Emissions Trading System (EU ETS), is a cost-effective measure for tackling climate change. Furthermore, pricing and forecasting carbon market has been one of the research focuses in the fields of energy and climate change. As a policy tool of the trading mechanism, the carbon market offers a great institutional innovation for coping with climate change. Due to its multiple advantages including saving costs and environment protection, and political feasibility, more and more countries including China have applied the carbon market for carbon dioxide (CO2) emission reduction. Accurately understanding the pricing mechanism and mastering the fluctuating law of carbon market is essential to build a national carbon market for China.