In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions
Resolution of the question "Who pays and how much?" will be a major determinant of any future international agreement on climate change.
New international market mechanisms play a fundamental role in creating both the space and incentives for greenhouse gas emission reductions. This commentary addresses the need for robust uses of international market mechanisms, particularly for Canada. A robust framework for market mechanisms within a future agreement could set the groundwork for a much broader shift in how development takes place at the most fundamental levels.
You might also be interested in
UK must cut ECT legacy to become green superpower
A novel agreement could tackle Energy Charter Treaty claims and boost post-Brexit EU ties, writes IISD's Lukas Schaugg.
IISD's Best of 2024: Articles
As 2024 draws to a close, we revisit our most read IISD articles of the year.
IISD's Best of 2024: Publications
As 2024 draws to a close, we revisit our most downloaded IISD publications of the year.
Nations Are Exiting a Secretive System That Protects Corporations—One Country's Story Shows How Hard That Can Be
Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.