Governance of Emissions Trading Systems

Partnership for Market Readiness; International Carbon Action Partnership; Michael Mehling

Governance of Emissions Trading Systems

Partnership for Market Readiness, International Carbon Action Partnership, Michael Mehling

Law

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Abstract

Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance of emissions trading systems (ETSs) has found less extensive treatment in the available knowledge base. However, existing systems offer valuable insights into the successful governance of emissions trading from the initial establishment and routine operation of an ETS to the review of its performance and the management of change. This report draws on such experiences to provide guidance on the governance of an ETS across all stages of its evolution.

Original language	English
Place of Publication	Washington, DC.
Number of pages	72
Publication status	Published - 24 Mar 2022

Keywords

emissions trading
global warming
climate change
emissions trading governance
energy policy
carbon trading

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PMR-WorldBank-2022-Governance-of-emissions-trading-systemsFinal published version, 10.3 MBLicence: CC BY 3.0

Cite this

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title = "Governance of Emissions Trading Systems",

abstract = "Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance of emissions trading systems (ETSs) has found less extensive treatment in the available knowledge base. However, existing systems offer valuable insights into the successful governance of emissions trading from the initial establishment and routine operation of an ETS to the review of its performance and the management of change. This report draws on such experiences to provide guidance on the governance of an ETS across all stages of its evolution.",

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N2 - Emissions trading continues to expand as a flexible policy response to climate change. Its implementation raises complex governance challenges, however, and calls for robust institutional, regulatory and procedural frameworks. Unlike aspects of technical design and implementation, the governance of emissions trading systems (ETSs) has found less extensive treatment in the available knowledge base. However, existing systems offer valuable insights into the successful governance of emissions trading from the initial establishment and routine operation of an ETS to the review of its performance and the management of change. This report draws on such experiences to provide guidance on the governance of an ETS across all stages of its evolution.

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KW - global warming

KW - climate change

KW - emissions trading governance

KW - energy policy

KW - carbon trading

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BT - Governance of Emissions Trading Systems

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ER -

Governance of Emissions Trading Systems

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Keywords

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