Abstract
Market mechanisms have emerged as an instrument of environmental policy in recent decades, tracing an unparalleled trajectory from theoretical prescription to practised legal reality. Conceptually, these mechanisms reflect a departure from the conventional toolbox of environmental law, which has traditionally relied on instruments such as liability rules and sanctions to control environmental degradation and overuse.
| Original language | English |
|---|---|
| Title of host publication | The Oxford Handbook of International Environmental Law |
| Editors | Lavanya Rajamani, Jacqueline Peel |
| Place of Publication | Oxford |
| Publisher | Oxford University Press |
| Chapter | 53 |
| Pages | 920-936 |
| Number of pages | 17 |
| Edition | 2nd |
| ISBN (Print) | 9780198849155 |
| Publication status | Published - 12 Aug 2021 |
Keywords
- markets mechanisms
- environmental policy
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