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Trading through the flexibility mechanisms: quantifying the size of the Kyoto markets

Author

Listed:
  • Odile Blanchard

    (LEPII - Laboratoire d'Economie de la Production et de l'Intégration Internationale - UPMF - Université Pierre Mendès France - Grenoble 2 - CNRS - Centre National de la Recherche Scientifique)

Abstract

Since the adoption of the Kyoto Protocol in 1997, the flexibility mechanisms have moved from formal definitions and scope to practical tools. Potential participants in the carbon markets established by the Kyoto Protocol have changed over the years. The objective of the chapter is to analyse the impacts of these changes on the carbon market through five cases or scenarios that reflect the chronological landmarks in the negotiation process and the building of the Kyoto Protocol flexibility mechanisms.

Suggested Citation

  • Odile Blanchard, 2005. "Trading through the flexibility mechanisms: quantifying the size of the Kyoto markets," Post-Print halshs-00087125, HAL.
    • Handle: RePEc:hal:journl:halshs-00087125
    as

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