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Carbon markets and blockchain technology

Author

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  • Aurora Cristiana CIOBANU JESCU

    (Koguan Law School of Shanghai Jiao Tong University)

Abstract

The present study analyses one of the mitigation measures that has been proposed first under the Kyoto Protocol and what effects has it had to enhance climate action. Furthermore, we will have a look over the mechanisms that have been developed for this measure to be implemented and what legal issues have appeared. The main question that I will try to answer is if it has indeed had a positive effect and if the greenhouse gas emissions have gone down. If not, can we implement a system that by using blockchain technology we will get the wanted results? By analyzing the legal barriers of applying such a new technology I will try to determine the opportunity of such a measure and the legal frame that should exist for this to function

Suggested Citation

  • Aurora Cristiana CIOBANU JESCU, 2019. "Carbon markets and blockchain technology," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 28(1), pages 51-67.
    • Handle: RePEc:zan:ygzier:v:28:y:2019:i:1:p:51-67
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