The interplay between voluntary and compliance carbon markets: Implications for environmental integrity
This paper investigates the interplay between voluntary and compliance carbon markets, with a focus on the environmental integrity implications, in particular mitigation of greenhouse gases. It explores different types of carbon credit markets and the different ways that these markets can, and could...
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| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2024
|
| Series: | OECD Environment Working Papers
no.244 |
| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | This paper investigates the interplay between voluntary and compliance carbon markets, with a focus on the environmental integrity implications, in particular mitigation of greenhouse gases. It explores different types of carbon credit markets and the different ways that these markets can, and could, interact. Furthermore, the paper examines how developments in voluntary and compliance carbon markets can impact the mitigation effectiveness of carbon credit markets, including on both the supply and demand sides. The analysis finds that while carbon credit markets could unlock mitigation ambition and action, they also have significant environmental integrity risks that merit government attention. The paper suggests some guiding principles for governments in identifying how to engage with different carbon markets, and recommends that they take strategic, focused and collaborative action. The paper also highlights potential policies that could enhance environmental integrity across carbon markets. In addition to domestic carbon markets, governments could monitor how international and self-regulatory carbon market frameworks evolve. Governments can also assess the role that carbon credit markets play in achieving their climate objectives, and identify opportunities to enhance their mitigation effectiveness. |
| Physical Description: | 1 Online-Ressource (124 Seiten) 21 x 28cm. |
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| spelling | Wetterberg, Klas VerfasserIn aut The interplay between voluntary and compliance carbon markets Implications for environmental integrity Klas, Wetterberg, Jane, Ellis and Lambert, Schneider Paris OECD Publishing 2024 1 Online-Ressource (124 Seiten) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Environment Working Papers no.244 This paper investigates the interplay between voluntary and compliance carbon markets, with a focus on the environmental integrity implications, in particular mitigation of greenhouse gases. It explores different types of carbon credit markets and the different ways that these markets can, and could, interact. Furthermore, the paper examines how developments in voluntary and compliance carbon markets can impact the mitigation effectiveness of carbon credit markets, including on both the supply and demand sides. The analysis finds that while carbon credit markets could unlock mitigation ambition and action, they also have significant environmental integrity risks that merit government attention. The paper suggests some guiding principles for governments in identifying how to engage with different carbon markets, and recommends that they take strategic, focused and collaborative action. The paper also highlights potential policies that could enhance environmental integrity across carbon markets. In addition to domestic carbon markets, governments could monitor how international and self-regulatory carbon market frameworks evolve. Governments can also assess the role that carbon credit markets play in achieving their climate objectives, and identify opportunities to enhance their mitigation effectiveness. Environment Ellis, Jane MitwirkendeR ctb Schneider, Lambert MitwirkendeR ctb |
| spellingShingle | Wetterberg, Klas The interplay between voluntary and compliance carbon markets Implications for environmental integrity Environment |
| title | The interplay between voluntary and compliance carbon markets Implications for environmental integrity |
| title_auth | The interplay between voluntary and compliance carbon markets Implications for environmental integrity |
| title_exact_search | The interplay between voluntary and compliance carbon markets Implications for environmental integrity |
| title_full | The interplay between voluntary and compliance carbon markets Implications for environmental integrity Klas, Wetterberg, Jane, Ellis and Lambert, Schneider |
| title_fullStr | The interplay between voluntary and compliance carbon markets Implications for environmental integrity Klas, Wetterberg, Jane, Ellis and Lambert, Schneider |
| title_full_unstemmed | The interplay between voluntary and compliance carbon markets Implications for environmental integrity Klas, Wetterberg, Jane, Ellis and Lambert, Schneider |
| title_short | The interplay between voluntary and compliance carbon markets |
| title_sort | interplay between voluntary and compliance carbon markets implications for environmental integrity |
| title_sub | Implications for environmental integrity |
| topic | Environment |
| topic_facet | Environment |
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