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DOI10.1080/14693062.2018.1521332
Environmental integrity of international carbon market mechanisms under the Paris Agreement
Schneider L.; La Hoz Theuer S.
发表日期2019
ISSN14693062
起始页码386
结束页码400
卷号19期号:3
英文摘要The Paris Agreement establishes provisions for using international carbon market mechanisms to achieve climate mitigation contributions. Environmental integrity is a key principle for using such mechanisms under the Agreement. This paper systematically identifies and categorizes issues and options to achieve environmental integrity, including how it could be defined, what influences it, and what approaches could mitigate environmental integrity risks. Here, environmental integrity is assumed to be ensured if the engagement in international transfers of carbon market units leads to the same or lower aggregated global emissions. Four factors are identified that influence environmental integrity: the accounting for international transfers; the quality of units generated, i.e. whether the mechanism ensures that the issuance or transfer of units leads to emission reductions in the transferring country; the ambition and scope of the mitigation target of the transferring country; and incentives or disincentives for future mitigation action, such as possible disincentives for transferring countries to define future mitigation targets less ambitiously or more narrowly in order to sell more units. It is recommended that policy-makers combine several approaches to address the significant risks to environmental integrity. Key policy insights Robust accounting is a key prerequisite for ensuring environmental integrity. The diversity of nationally determined contributions is an important challenge, in particular for avoiding double counting and for ensuring that the accounting for international transfers is representative for the mitigation efforts by Parties over time. Unit quality can, in theory, be ensured through appropriate design of carbon market mechanisms; in practice, existing mechanisms face considerable challenges in ensuring unit quality. Unit quality could be promoted through guidance under Paris Agreement Article 6, and reporting and review under Article 13. The ambition and scope of mitigation targets is key for the incentive for transferring countries to ensure unit quality because countries with ambitious and economy-wide targets would have to compensate for any transfer of units that lack quality. Encouraging countries to adopt ambitious and economy-wide NDC targets would therefore facilitate achieving environmental integrity. Restricting transfers in instances of high environmental integrity risk–through eligibility criteria or limits–could complement these approaches. © 2018, © 2018 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
英文关键词carbon markets; emissions trading; environmental integrity; Paris Agreement
语种英语
scopus关键词carbon emission; emission control; emissions trading; environmental economics; United Nations Framework Convention on Climate Change
来源期刊Climate Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/153421
作者单位Environmental Systems Analysis Group, Wageningen University, Wageningen, Netherlands; Stockholm Environment Institute, Somerville, MA, United States; Independent Researcher, Bonn, Germany
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GB/T 7714
Schneider L.,La Hoz Theuer S.. Environmental integrity of international carbon market mechanisms under the Paris Agreement[J],2019,19(3).
APA Schneider L.,&La Hoz Theuer S..(2019).Environmental integrity of international carbon market mechanisms under the Paris Agreement.Climate Policy,19(3).
MLA Schneider L.,et al."Environmental integrity of international carbon market mechanisms under the Paris Agreement".Climate Policy 19.3(2019).
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