The Political Economy Of Development And Climate Policy Prospects And Challenges For An Emission Trading Scheme As Development And Climate Policy Tool

Author : Andreas Freytag
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.74/5 ( download)

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Download or read book The Political Economy of Development and Climate Policy-prospects and Challenges for an Emission Trading Scheme as Development and Climate Policy Tool written by Andreas Freytag and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects have been a common practice in the development field. Empirical evidence suggests that the effectiveness has remained disappointing. Consequently, many developing countries face governance problems affecting their ability to master challenges associated with climate change. Current trends in international climate cooperation follow a similar approach. Political efforts may prove insufficient to meet climate objectives if similar deficiencies occur in climate cooperation. Applying a political economy approach, this paper provides a critical assessment of current practices in international development and climate policies highlighting the observed deficiencies in development and potential implications for climate cooperation. Acknowledging the interlinkages and linking development and climate change policies, could increase the effectiveness and efficiency of political efforts. The paper, furthermore, discusses market-based instruments, especially Emission Trading Schemes as policy alternatives as well as the potential merits for circumventing and solving institutional problems experienced in climate cooperation. We discuss the political economic challenges affecting the implementation and operation of (a global) scheme.

Author : Marc Gronwald
Publisher : MIT Press
ISBN 13 : 0262029286
Total Pages : 299 pages
Book Rating : 4.85/5 ( download)

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Download or read book Emissions Trading as a Policy Instrument written by Marc Gronwald and published by MIT Press. This book was released on 2015-07-10 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading schemes figure prominently among policy instruments used to tackle the problem of climate change, and the European Union Emissions Trading Scheme (EU ETS), begun in 2005, is the largest cap-and-trade market so far established. In the EU ETS, firms regulated by the scheme are provided with emissions allowances (each a one-time right to emit one ton of greenhouse gases) and can sell their unused allowances to firms that have higher rates of emissions. In this volume, leading economists offer empirical and theoretical perspectives on the early phases of the EU ETS implementation. The contributors discuss the features of the EU ETS market; and regulatory uncertainty stemming from rule changes; the political economy context of the trading scheme, including allowance allocation and the influence of lobbying on abatement decisions; the coexistence of such overlapping instruments for climate policy as pricing and taxation; the relationship between spot and futures markets for allowances, and firms' responses to various features of the EU ETS, including fluctuating allowance prices, free allocation, and links to the Kyoto process. They show that, although the basic theory behind emissions permit markets is straightforward, design features, market structure, and interactions with other policy instruments can influence the efficiency of the scheme.--

Author : Stephane Hallegatte
Publisher : World Bank Publications
ISBN 13 : 1464819548
Total Pages : 315 pages
Book Rating : 4.44/5 ( download)

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Download or read book Within Reach written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2023-01-16 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change presents a unique challenge in that policy makers need to balance the speed and scale required to achieve global objectives within the time required to ensure political acceptability and social sustainability. Within Reach: Navigating the Political Economy of Decarbonization identifies the key political economy barriers and explores the options to address them through four key recommendations: * Climate governance: strategically adapt the institutional architecture and embed climate objectives into a positive development narrative. Strategic governance institutions that reflect societal goals--such as climate change framework laws, longterm strategies, or just transition frameworks--can alter the political economy, set clear objectives, facilitate coordination across actors, and help monitor progress and hold decision-makers accountable. * Policy sequencing: balance short-term feasibility and long-term ambition. Because the political economy and institutional context are dynamic and can be influenced by policies, policy makers can select their priorities, not only to make policy implementation feasible but also to actively build capacity and change the political economy and institutional context, building momentum toward the long-term objective and transformation. * Policy design: focus on people and manage the distributional effects of climate policies. Climate policies have heterogenous impacts across households, sectors, and locations. Active labor policies, reskilling programs, compensations and transfers, place-based policies, and green industrial policies can be used to protect vulnerable populations, facilitate a just transition, and make policies more acceptable and sustainable. * Policy process: use public engagement and communication to improve design and legitimacy. Civic engagement can improve a policy's design, enhance legitimacy, foster compromise, and help identify unintended consequences early. Effective communication can make reforms more accessible to the public and increase support. This book shows how appropriate governance frameworks, strong institutional capacity, well-designed policies with adequate compensation measures, and early engagement with all stakeholders are essential strategic elements to building consensus and momentum for transformative policies. By deploying these tools, policy makers can navigate the urgency in climate action and its political economy challenges to achieve their long-term climate goals and secure a livable planet.

Author : Ralf Antes
Publisher : Springer Science & Business Media
ISBN 13 : 3790817481
Total Pages : 400 pages
Book Rating : 4.85/5 ( download)

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Download or read book Emissions Trading and Business written by Ralf Antes and published by Springer Science & Business Media. This book was released on 2006-11-22 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading (ET) challenges business managers in an entirely new manner, changing the criteria by which environmental policy steers management decisions from hierarchical to monetary. The 24 contributions to this volume discuss ET theoretically and empirically in these broad topic areas: 1) Institutional design, decision making and innovation; 2) Investment and management strategies; 3) ET and business administration and 4) Effects of existing and emerging ET schemes.

Author : Ralf Antes
Publisher : Springer Science & Business Media
ISBN 13 : 0387736530
Total Pages : 281 pages
Book Rating : 4.32/5 ( download)

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Download or read book Emissions Trading written by Ralf Antes and published by Springer Science & Business Media. This book was released on 2008-07-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading challenges the management of companies in an entirely new manner. Most importantly it shifts the mode of governance of environmental policy from hierarchy to market. The contributions in this book discuss the theoretical implications of different institutional designs of emissions trading schemes. They review schemes implemented in the US and Europe, and evaluate the range of investment decisions and corporate strategies resulting from the new policy framework.

Author : Asian Development Bank
Publisher : Asian Development Bank
ISBN 13 : 929257373X
Total Pages : 114 pages
Book Rating : 4.37/5 ( download)

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Download or read book Emissions Trading Schemes and Their Linking written by Asian Development Bank and published by Asian Development Bank. This book was released on 2016-04-01 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asia and the Pacific has achieved rapid economic expansion in the recent years and has become a major source of greenhouse gas (GHG) emissions. With more than half of the world’s population and high rates of economic growth, the region is especially vulnerable to the effects of climate change and therefore must play its part in cutting GHG emissions. The Paris Agreement adopted last December 2015 at the United Nations Framework Convention on Climate Change COP21 aims to restrict global warming to well below 2°C above preindustrial levels and to pursue efforts to reach 1.5°C---which is especially relevant to Asia and the Pacific region given its vulnerability. This knowledge product highlights how robust policies on emissions trading systems (ETS) can be important tools in reducing GHG emissions in a cost-effective manner, as well as supporting the mobilization of finance together with deployment of innovative technologies. There are currently 17 ETSs in place in four continents and account for nearly 40% of global gross domestic product. In Asia and the Pacific region, there are 11 systems operating, with more being planned. The growing wealth of experience on ETSs can be valuable to support DMCs that are planning and designing new systems of their own. This knowledge product summarizes some of the most significant learning experiences to date and discusses some of the solutions to alleviate challenges that have been faced. It also examines the possibilities for future linked carbon markets in the region.

Author : Vanessa Aufenanger
Publisher : kassel university press GmbH
ISBN 13 : 3862193128
Total Pages : 426 pages
Book Rating : 4.27/5 ( download)

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Download or read book Challenges of a Common Climate Policy written by Vanessa Aufenanger and published by kassel university press GmbH. This book was released on 2012 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Energy Agency
Publisher : OECD Publishing
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.75/5 ( download)

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Download or read book Act Locally, Trade Globally written by International Energy Agency and published by OECD Publishing. This book was released on 2005 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate policy raises a number of challenges for the energy sector, the most significant being the transition from a high to a low-CO2 energy path in a few decades. Emissions trading has become the instrument of choice to help manage the cost of this transition, whether used at international or at domestic level. Act Locally, Trade Globally, offers an overview of existing trading systems, their mechanisms, and looks into the future of the instrument for limiting greenhouse gas emissions.

Author : Niels Anger
Publisher : Sudwestdeutscher Verlag Fur Hochschulschriften AG
ISBN 13 : 9783838111001
Total Pages : 236 pages
Book Rating : 4.01/5 ( download)

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Download or read book Political Economy and Economic Impacts of Climate Policy written by Niels Anger and published by Sudwestdeutscher Verlag Fur Hochschulschriften AG. This book was released on 2010-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a political economy analysis and an economic impact assessment of climate change policy. The analysis shows that the design of market-based instruments of climate policy can be explained by the behavior of environmental regulators who maximize their political support. The consideration of preferences of sectoral interest groups in regulatory decisions can induce economic inefficiencies in terms of a sectoral differentiation of environmental taxes or an asymmetric allocation of tradable emissions permits to parts of the economy. In turn, the design of climate policy instruments plays a decisive role for the associated economic impacts. The book argues that the economic benefits of linking domestic emissions trading schemes of industrialized nations depend on the sectoral scope of these schemes and the stringency of allowance allocation. Establishing regional flexibility of emissions reductions, e.g. via the access to carbon abatement options in developing countries, further improves the prospects for a cost-efficient and ambitious implementation of future climate policy.

Author : Stefan E. Weishaar
Publisher : Edward Elgar Publishing
ISBN 13 : 1781952221
Total Pages : 269 pages
Book Rating : 4.21/5 ( download)

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Download or read book Emissions Trading Design written by Stefan E. Weishaar and published by Edward Elgar Publishing. This book was released on 2014-02-28 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emissions trading is becoming an increasingly popular policy instrument with growing diversity in design. This book examines emissions trading design, emissions trading implementation problems and how to address them. In an easily accessible way