Headline:
Tough trade-offs for new international carbon market mechanisms
Several countries’ national determined contributions (NDCs) highlight climate finance as a precondition for the ambitious action needed to achieve development paths compatible with limiting global warming to 1.5°C in 2100. Many hopes have been pinned on new market mechanisms in this context, but the trade-offs demanded by carbon trading schemes continued to be hotly debated at the UNFCCC last week, not least due to their political and economic implications.
- Publication Year
- 2019
- Citation
-
Eicke, L. (2019). Tough trade-offs for new international carbon market mechanisms. IASS Blog, 12.07.2019.
- Links
- https://www.rifs-potsdam.de/en/blog/2019/12/tough-trade-offs-new-international-…
- Staff involved
- Projects involved
- Investigating the Systemic Impacts of the Global Energy Transition (ISIGET)