Cover of publication Climate Change 44/2020 Future role for voluntary carbon markets in the Paris era
Sustainability | Strategies | International matters

Future role for voluntary carbon markets in the Paris era


The end of 2020 marks a fundamental change in the global governance of greenhouse gas emissions with the shift from the Kyoto Protocol era to that of the Paris Agreement. This also has implications for the future role and the feasible models of the voluntary carbon market. A critical focus is whether and how 'double counting' of emission reductions is avoided. Three models emerge as potentially viable options in the Paris era: the “contribution claim”, “NDC crediting” and “non-NDC crediting” approaches, each with their own respective strengths and weaknesses. The results are aimed at all stakeholders in the voluntary market - from project developers and providers to users of voluntary offsetting.

Reihe
Climate Change | 44/2020
Seitenzahl
94
Erscheinungsjahr
Autor(en)
Harry Fearnehough, Aki Kachi, Silke Mooldijk, Carsten Warnecke, Lambert Schneider
Sprache
Englisch
Forschungskennzahl
3718 42 006 0
Verlag
Umweltbundesamt
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3344 KB
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Schlagworte:
 Paris Agreement  Market mechanisms  voluntary offsetting  carbon markets  climate protection projects