Institutional Framework for the Global Carbon Market
This project carries out a gap-analysis versus existing institution and furthermore analyzes what the carbon market can learn from other integration processes, such as the development of the financial markets, the governance of monetary policy, and the institutional frameworks for international trade in goods and services. Different options for institutional governance, ranging from informal arrangements to the creation of an international organization with separate legal personality and rule-setting powers, will be assessed, as will the legal requirements and implications of their implementation. The project finally evaluates pros and cons of different international climate architectures from an institutional view and draw conclusions for a possible timeline of institutional developments in the ongoing integration process, but also possible limits to integration.
We are also involved within this topic in a cross-cutting collaborating project with WIFO Austrian Institute of Economic Research where Climate Strategies and its network of academics act as contributor titled 'Coping with complexity in the evolving international climate policy institutional architecture' (ICPIA).
The ICPIA project supports efforts of the European Union for an economically efficient and ecologically effective post-2012 climate strategy based on the realities, by conducting research into those realities and the options for navigating them.
Reports
Policy brief - Searching for a Global Architecture - ‘Coping with complexity in the evolving international climate policy institutional architecture’
21 Jun 2012. Author:
Scanning for Global Greenhouse Gas Emission Reduction Targets and their Distributions
01 Mar 2012. Author: Stefan P. Schleicher, Angela Köppl (WIFO)
East-West Regional Dimensions in European Climate Policy
01 Dec 2011. Author: Thomas Spencer (University of Edinburgh/ IDDRI), Dora Fazekas (Climate Strategies), Tim Laing (LSE), Simone Cooper, Climate Strategies
Synthesis: Searching for a Global Architecture
01 Dec 2011. Author: Andreas Tuerk, Michael Mehling, Angela Koeppl & Claudia Kettner
Multi-Country Sectoral Approaches: Potential for reducing Competitiveness and Leakage Impacts in Austria’s Energy-Intensive Industries
01 Dec 2011. Author: Peter Wooders (IISD), Marius Keller (IISD), Barbara Anzinger, Tom Moerenhout (IISD)
Carbon authority as price stabilising institution in the EU ETS
01 Nov 2011. Author: Claudia Kettner, Angela Köppl & Stefan Schleicher - Austrian Institute of Economic Research (WIFO)
The EU Emission Trading Scheme – National Allocation Patterns and Trading Flows
01 Nov 2011. Author: Claudia Kettner, Daniela Kletzan-Slamanig & Angela Köppl - Austrian Institute of Economic Research (WIFO)
Alternative Frameworks for International Climate Cooperation: Towards a Systematic Assessment Matrix
01 Nov 2011. Author: Michael Mehling - Ecologic Institute
Climate policy integration – Evidence on coherence in EU policies
01 Nov 2011. Author: Claudia Kettner, Daniela Kletzan-Slamanig & Angela Köppl - Austrian Institute of Economic Research (WIFO)
New Market-based Mechanisms post-2012: Institutional Options and Governance Challenges when Establishing a Sectoral Crediting Mechanism
- Working Paper
23 Sep 2011. Author: Joëlle de Sépibus and Andreas Tuerk
‘Prospects for a transatlantic carbon market: what next after the US midterm elections?’
- Working Paper
14 Apr 2011. Author: Michael Mehling, Andreas Tuerk and Wolfgang Sterk
Options for a future climate change regime
- Final Report
09 May 2007. Author: Michel Colombier
