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Analysing the Interactions Between New Market Mechanisms and Emissions Trading Schemes
Dennis Tänzler
Julia Groß
Lina Li
Carsten Warnecke
Marie-Jeanne Kurdziel
Ritika Tewari
Martin Cames
Sean Healy
其他書名
Opportunities and Prospects for Countries to Use Article 6 of the Paris Agreement : Final Report
出版
Umweltbundesamt
, 2019
URL
http://books.google.com.hk/books?id=L_htzgEACAAJ&hl=&source=gbs_api
註釋
The final report summarises the findings of the project “Analysing the interactions between new market mechanisms and emissions trading schemes” (FKZ 3714 41 506 0). The project had a twofold objective. First, it aimed to conduct a detailed analysis of the provisions related to market mechanisms of the Paris Agreement (Article 6), and to identify issues that should be taken into account when elaborating the rulebook for the Paris Agreement. Second, it switched the perspective from a global discussion towards country-specific research with an aim to answer the question whether different countries are ready for engaging with market mechanisms under the Paris Agreement. The report is divided into four main sections. The first section reveals the findings of the initial part of the project, discussing the main objectives of the international carbon market under the Paris Agreement, identifying central issues related to Article 6.2 and 6.4 and analysing synergies and conflicts between the provisions. It also summarises potential options for the countries to participate in market mechanisms beyond 2020. The following two sections analyse the readiness of various countries to implement those options domestically, and discuss the potential of international support activities to assist the countries in this process. These sections also deal with the question in how far the existing international cooperation of Germany in the field of carbon markets needs to be readjusted and further developed in the context of Article 6 of the Paris Agreement. To answer this question, the focus was placed on three exemplary cases from countries that have traditionally collaborated with Germany on carbon markets - Ukraine, Vietnam and Ethiopia. The case studies build upon the rationale that different countries find themselves at various stages of carbon market development and that the development stages have specific implications for the potential use of Article 6. The case studies identify the most viable options for these countries to engage with Article 6 given the current level of domestic capacities. In the absence of concrete rules for Article 6 at the time of the study preparation, the assessment provides a first order estimate of the readiness of countries, and identifies entry-points for Germany to continue supporting them in developing rule-based and well-functioning market instruments. The final section of this report contains the aggregated recommendations derived from the project work.