Simulating Carbon Markets

Simulating Carbon Markets

Carbon market simulations are programs, models, virtual environments, and/or games that allow stakeholders to participate in a simulated process of designing or participating in an ETS. They are a low-cost and low-risk option of building capacity f...

Full description

Bibliographic Details
Main Author: Carbon Pricing Leadership Coalition
Format: Brief
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
CARBON PRICING
CARBON MARKET
EMISSIONS TRADING
CLIMATE CHANGE MITIGATION
CARBON POLICY
SIMULATIONS
Online Access:http://documents.worldbank.org/curated/en/282281588605775075/Simulating-Carbon-Markets
http://hdl.handle.net/10986/33687
id okr-10986-33687
recordtype oai_dc
spelling okr-10986-336872021-05-25T10:54:44Z Simulating Carbon Markets Carbon Pricing Leadership Coalition CARBON PRICING CARBON MARKET EMISSIONS TRADING CLIMATE CHANGE MITIGATION CARBON POLICY SIMULATIONS Carbon market simulations are programs, models, virtual environments, and/or games that allow stakeholders to participate in a simulated process of designing or participating in an ETS. They are a low-cost and low-risk option of building capacity for both policymakers and regulated companies. The experiential learning processes these tools enable serves to increase ETS literacy, helps build support for ETS as a policy option, and illustrates how policy outcomes are a function of design. Importantly, ETS simulations can provide an opportunity for different stakeholdersto build relationships, mutual understanding and trust, all of which are key prerequisites for working together on policy design and implementation. Finally, these tools provide stakeholders with a safe and risk-free opportunity to try out new ideas, make mistakes, and to learn lessons which can serve to speed the adoption of effective ETSs. 2020-05-04T19:03:31Z 2020-05-04T19:03:31Z 2020-04 Brief http://documents.worldbank.org/curated/en/282281588605775075/Simulating-Carbon-Markets http://hdl.handle.net/10986/33687 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON PRICING
CARBON MARKET
EMISSIONS TRADING
CLIMATE CHANGE MITIGATION
CARBON POLICY
SIMULATIONS
spellingShingle CARBON PRICING
CARBON MARKET
EMISSIONS TRADING
CLIMATE CHANGE MITIGATION
CARBON POLICY
SIMULATIONS
Carbon Pricing Leadership Coalition
Simulating Carbon Markets
description Carbon market simulations are programs, models, virtual environments, and/or games that allow stakeholders to participate in a simulated process of designing or participating in an ETS. They are a low-cost and low-risk option of building capacity for both policymakers and regulated companies. The experiential learning processes these tools enable serves to increase ETS literacy, helps build support for ETS as a policy option, and illustrates how policy outcomes are a function of design. Importantly, ETS simulations can provide an opportunity for different stakeholdersto build relationships, mutual understanding and trust, all of which are key prerequisites for working together on policy design and implementation. Finally, these tools provide stakeholders with a safe and risk-free opportunity to try out new ideas, make mistakes, and to learn lessons which can serve to speed the adoption of effective ETSs.
format Brief
author Carbon Pricing Leadership Coalition
author_facet Carbon Pricing Leadership Coalition
author_sort Carbon Pricing Leadership Coalition
title Simulating Carbon Markets
title_short Simulating Carbon Markets
title_full Simulating Carbon Markets
title_fullStr Simulating Carbon Markets
title_full_unstemmed Simulating Carbon Markets
title_sort simulating carbon markets
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/282281588605775075/Simulating-Carbon-Markets
http://hdl.handle.net/10986/33687
_version_ 1764479300278419456

Similar Items