Carbon markets or climate finance
Subtitle: low carbon and adaptation investment choices for the developing world
By: edited by Axel Michaelowa
Publisher: Routledge
Published: 2012
Place of publication: New York
Language: eng
ISBN-13: 9781849714747; 9780203128879
Subjects: Atmospheric Greenhouse effect; Carbon dioxide mitigation; Emissions trading; Environmental impact charges; International cooperation
Description: "After the failure of the Copenhagen conference, climate finance has become the buzzword of international climate negotiations. A "fast-track" volume of 30 billion $ has been promised by industrialised countries for emissions mitigation and adaptation activities in developing countries. A frantic race for access to these funds has begun with little consideration of how an effective allocation could be achieved. This could lead to a backlash against climate finance once the first headlines about misuse of funds appear. This book builds on a decade-long experience with mechanisms provided by the Kyoto Protocol and the UN Framework Convention on Climate Change. It discusses the challenges of climate finance in the context of the post-Copenhagen negotiations and provides a long-term outlook of how climate finance in developing countries could develop. Written by climate finance experts from academia, carbon finance businesses and international organisations, the book provides background, firsthand insights, case studies and analysis into the complex subject area of climate finance"--
Notes: Includes bibliographical references.