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Mapping Carbon Pricing Initiatives : Developments and Prospects 2013

Author

Listed:
  • Alexandre Kossoy
  • Klaus Oppermann
  • Rama Chandra Reddy
  • Martina Bosi
  • Sandrine Boukerche
  • Niklas Höhne
  • Noémie Klein
  • Alyssa Gilbert
  • Martina Jung
  • Bram Borkent
  • Long Lam
  • Frauke Röser
  • Nadine Braun
  • Gesine Hänsel
  • Carsten Warnecke

Abstract

The Mapping Carbon Pricing Initiatives Report maps existing and emerging carbon pricing initiatives around the world. It does not provide a quantitative, transaction-based analysis of the international carbon market since current market conditions invalidate any attempt to undertake such an analysis. The development of national and subnational carbon pricing initiatives in an increasing number of countries calls for a different focus. The uncertainty surrounding the existing carbon markets in the last years has prevented valuable resources to be channeled to low-carbon investments, particularly from the private sector. Following the economic downturn and slow economic recovery in major economies, industrial output plummeted and the demand for carbon assets used for compliance fell. With limited support, prices reached historical lows. At the same time, several national and sub-national carbon pricing initiatives are emerging. It is not surprising that several of these new carbon pricing initiatives also include design features to prevent similar developments in the future, including mechanisms to stabilize the carbon price.

Suggested Citation

  • Alexandre Kossoy & Klaus Oppermann & Rama Chandra Reddy & Martina Bosi & Sandrine Boukerche & Niklas Höhne & Noémie Klein & Alyssa Gilbert & Martina Jung & Bram Borkent & Long Lam & Frauke Röser & Nad, "undated". "Mapping Carbon Pricing Initiatives : Developments and Prospects 2013," World Bank Publications - Reports 15771, The World Bank Group.
  • Handle: RePEc:wbk:wboper:15771
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    Cited by:

    1. Hans-Jürgen Nantke & Alfred Endres & Frederik Schaff & Till Requate & Susanne Dröge, 2013. "Scheitern der Reform des Emissionshandels: Verliert Europa die Vorreiterrolle in der Klimapolitik?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(12), pages 03-15, June.
    2. Matthew Ranson & Robert N. Stavins, 2016. "Linkage of greenhouse gas emissions trading systems: learning from experience," Climate Policy, Taylor & Francis Journals, vol. 16(3), pages 284-300, April.
    3. David Belis & Bart Kerremans, 2016. "The socialization potential of the CDM in EU–Vietnam climate relations," Climate Policy, Taylor & Francis Journals, vol. 16(8), pages 1048-1064, November.
    4. Finon, Dominique, 2019. "Carbon policy in developing countries: Giving priority to non-price instruments," Energy Policy, Elsevier, vol. 132(C), pages 38-43.
    5. Christoph Böhringer & Thomas Rutherford & Marco Springmann, 2015. "Clean-Development Investments: An Incentive-Compatible CGE Modelling Framework," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(4), pages 633-651, April.
    6. Luke Redmond & Frank Convery, 2015. "The global carbon market-mechanism landscape: pre and post 2020 perspectives," Climate Policy, Taylor & Francis Journals, vol. 15(5), pages 647-669, September.
    7. Frédéric Branger, Philippe Quirion, Julien Chevallier, 2017. "Carbon Leakage and Competitiveness of Cement and Steel Industries Under the EU ETS: Much Ado About Nothing," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
    8. Campiglio, Emanuele, 2016. "Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy," Ecological Economics, Elsevier, vol. 121(C), pages 220-230.
    9. Michel Damian, 2014. "La politique climatique change enfin de paradigme," Post-Print halshs-00969308, HAL.
    10. Tatiana G. Zárate Barrera & Jorge Higinio Maldonado, 2014. "El valor económico del Blue Carbon en Colombia: Beneficios de la captura y almacenamiento de carbono provistos por las Áreas Marinas Protegidas," Documentos CEDE 11003, Universidad de los Andes, Facultad de Economía, CEDE.
    11. Mark Purdon, 2015. "Advancing Comparative Climate Change Politics: Theory and Method," Global Environmental Politics, MIT Press, vol. 15(3), pages 1-26, August.
    12. Paul Ekins & Stefan Speck, 2014. "The fiscal implications of climate change and policy responses," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 19(3), pages 355-374, March.
    13. Mutsuyoshi Nishimura, 2015. "A new market‐based climate change solution achieving 2°C and equity," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 4(1), pages 133-138, January.
    14. Jessika Richter & Luis Mundaca, 2015. "Achieving and maintaining institutional feasibility in emissions trading: the case of New Zealand," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(8), pages 1487-1509, December.
    15. Zárate, Tatiana & Maldona, Jorge Higinio, 2014. "El valor económico del Blue Carbon en Colombia: Beneficios de la captura y almacenamiento de carbono provistos por las Áreas Marinas Protegidas," Documentos CEDE Series 209365, Universidad de Los Andes, Economics Department.

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