Cover of publication Climate Change 04/2021 Voluntary offsetting: credits and allowances
Economy | Consumption

Voluntary offsetting: credits and allowances

Report


To date, the supply of units for the voluntary carbon market has been almost exclusively in the form of credits generated by climate protection projects elsewhere. This report analyses the merits and challenges of another possible source of supply for GHG compensation: allowances from emissions trading systems (ETSs). Yet some ETSs have market stability instruments (MSIs), such as the Market Stability Reserve in the EU ETS, which may provide for the invalidation of EU ETS allowances in response to market developments. An MSI can thus affect the additionality (and consequently the environmental outcome) of such voluntary offsetting. The pros and cons of both sources are aimed at all stakeholders in the voluntary market – from providers to users of voluntary offsetting.

Reihe
Climate Change | 04/2021
Seitenzahl
66
Erscheinungsjahr
Autor(en)
Dr. Baran Doda, Stephanie La Hoz Theuer, Dr. Martin Cames, Sean Healy, Dr. Lambert Schneider
Sprache
Englisch
Verlag
Umweltbundesamt
Zusatzinfo
PDF ist barrierefrei
Dateigröße
2021 KB
Preis
0,00 €
Druckversion
nicht lieferbar
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