Role of Market Mechanisms in Intended Nationally Determined Contributions

JIKO Policy Brief 3/2015

  • Publications 10.11.2015

Market mechanisms - the Clean Development Mechanism (CDM), Joint Implementation (JI) and Art. 17 emission trading - have been a central feature of the Kyoto Protocol. The shape of the new climate change agreement is emerging slowly, including the role market mechanisms will play.

To gauge the potential scope of market mechanisms in the Paris agreement, Wolfgang Obergassel's (Wuppertal Institute) paper surveys the intended nationally determined contributions (INDCs) to the new agreement which countries have so far submitted and, by examining the role of market mechanisms in those INCDs, assesses the potential scope of market mechanisms in the Paris agreement.

The JIKO Policy Brief "Role of Market Mechanisms in Intended Nationally Determinded Contributions" is available online and will be updated as further INDCs become available.


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