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Linking Project-Based Mechanisms With Domestic Greenhouse Gas Emissions Trading Schemes

PublisherIEA
Format385.3KB PDFDate added01 Jun 2004
Topics Green IT
Downloads5

This paper focuses on Greenhouse gas (GHG) emissions trading and project-based mechanisms for GHG emission reduction which are two possible policy instruments that countries can use to address climate change. As climate change is insensitive to the location of GHG emissions and reductions, these trading-based instruments are particularly attractive in that they allow maximum flexibility in meeting GHG emission commitments, allowing GHG emission reductions to be undertaken wherever/however they may be most cost-effective.

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