The Carbon Market Challenge: Preventing Abuse through Effective Governance

Regina Betz, Axel Michaelowa, Paula Castro, Raphaela Kotsch, Michael A. Mehling, Katharina Michaelowa, Andrea Baranzini

Cambridge: Cambridge University Press (2022): 94 pp.

This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks.

Keywords: Carbon Market; Emissions Trading System; Climate Policy; Environmental Integrity; Market Governance; Abuse Prevention