Enhanced Financial Mechanisms for Post 2012 Mitigation

Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparen...

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Main Authors: Figueres, Christiana, Streck, Charlotte
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
CH4
CO
CO2
GWP
N2O
OIL
PFC
SF6
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090721082047
http://hdl.handle.net/10986/4200
id okr-10986-4200
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABATEMENT
ABATEMENT POTENTIAL
ADMINISTRATIVE PROCEDURES
ALUMINUM
ALUMINUM PRODUCERS
ANNUAL EMISSIONS
ASSESSMENT PROCESS
BASELINE EMISSION
BASELINE EMISSIONS
CALCULATION
CARBON
CARBON CREDIT
CARBON CREDITING
CARBON CREDITS
CARBON DIOXIDE
CARBON EMISSIONS
CARBON FINANCE
CARBON INTENSITY
CARBON MARKETS
CARBON PRICE
CERTIFIED EMISSIONS REDUCTIONS
CERTIFIED PROJECT ACTIVITY
CH4
CHEMICALS
CLEAN AIR
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE MITIGATION POLICIES
CLIMATE CHANGE POLICIES
CLIMATE PROTECTION
CO
CO2
COAL
COAL MINING
COMPLIANCE COSTS
CONSUMPTION PATTERNS
COST ABATEMENT OPPORTUNITIES
COSTS OF COMPLIANCE
CUMULATIVE EMISSIONS
DECISION MAKING
DEFORESTATION
DEVELOPED COUNTRIES
DOMESTIC EMISSIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMICS
ELECTRICITY
ELECTRICITY SECTOR
EMISSION
EMISSION FACTOR
EMISSION INTENSITY
EMISSION LEVELS
EMISSION LIMITATION
EMISSION PATHS
EMISSION REDUCING
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION MARKET
EMISSION REDUCTION PROGRAMS
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS
EMISSION RIGHTS
EMISSION TARGETS
EMISSION TRADING
EMISSION TRAJECTORIES
EMISSIONS
EMISSIONS ABATEMENT
EMISSIONS BASELINE
EMISSIONS REGULATIONS
EMPIRICAL EVIDENCE
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY INTENSITY
ENERGY INTENSIVE
ENERGY PRODUCTION
ENVIRONMENTAL
ENVIRONMENTAL DAMAGE
ENVIRONMENTAL INTEGRITY
FINANCIAL RESOURCES
FOREST MANAGEMENT
FORESTRY
FOSSIL FUEL
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL SWITCH
FUEL TYPE
GLOBAL CARBON EMISSIONS
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL EMISSION
GLOBAL EMISSION REDUCTIONS
GLOBAL EMISSIONS
GLOBAL ENVIRONMENT
GLOBAL ENVIRONMENT FACILITY
GLOBAL ENVIRONMENTAL FACILITY
GLOBAL WARMING
GLOBAL WARMING POTENTIAL
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GWP
HFC23
HFCS
HYDROFLUOROCARBONS
INCOME
INDUSTRIAL ENERGY
INDUSTRIAL GAS
INDUSTRIAL GASES
INDUSTRIAL GASSES
INFLATION
IPCC
IRON
JOINT IMPLEMENTATION
LANDFILL
LANDFILL GAS
LANDFILLS
LEGISLATION
LEVEL OF EMISSIONS
MARKET MECHANISM
MEMBER STATES
METHANE
METHANE CAPTURE
MINES
MITIGATION ACTIONS
MITIGATION POTENTIAL
MONTREAL
MONTREAL PROTOCOL
N2O
NITROUS OXIDE
OIL
PERFLUOROCARBON
PFC
PFCS
POLICY DECISIONS
POWER PLANT
POWER PLANTS
PRODUCERS
PROPERTY RIGHTS
RECYCLING
REDUCING EMISSIONS
REDUCTION OF EMISSIONS
REGIONAL EMISSIONS
RENEWABLE ENERGY
RIVERS
SF6
SILVER
STABILIZATION
SULPHUR
SUSTAINABLE DEVELOPMENT
SUSTAINABLE ENERGY
TRADABLE CARBON
TRADABLE EMISSION
TRANSFER OF EMISSION REDUCTIONS
UNEP
VALIDATION STAGE
VOLUNTARY BASIS
VOLUNTARY COMMITMENTS
WASTE
spellingShingle ABATEMENT
ABATEMENT POTENTIAL
ADMINISTRATIVE PROCEDURES
ALUMINUM
ALUMINUM PRODUCERS
ANNUAL EMISSIONS
ASSESSMENT PROCESS
BASELINE EMISSION
BASELINE EMISSIONS
CALCULATION
CARBON
CARBON CREDIT
CARBON CREDITING
CARBON CREDITS
CARBON DIOXIDE
CARBON EMISSIONS
CARBON FINANCE
CARBON INTENSITY
CARBON MARKETS
CARBON PRICE
CERTIFIED EMISSIONS REDUCTIONS
CERTIFIED PROJECT ACTIVITY
CH4
CHEMICALS
CLEAN AIR
CLEAN DEVELOPMENT
CLEAN DEVELOPMENT MECHANISM
CLEAN ENERGY
CLIMATE
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
CLIMATE CHANGE MITIGATION POLICIES
CLIMATE CHANGE POLICIES
CLIMATE PROTECTION
CO
CO2
COAL
COAL MINING
COMPLIANCE COSTS
CONSUMPTION PATTERNS
COST ABATEMENT OPPORTUNITIES
COSTS OF COMPLIANCE
CUMULATIVE EMISSIONS
DECISION MAKING
DEFORESTATION
DEVELOPED COUNTRIES
DOMESTIC EMISSIONS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMICS
ELECTRICITY
ELECTRICITY SECTOR
EMISSION
EMISSION FACTOR
EMISSION INTENSITY
EMISSION LEVELS
EMISSION LIMITATION
EMISSION PATHS
EMISSION REDUCING
EMISSION REDUCTION
EMISSION REDUCTION COMMITMENTS
EMISSION REDUCTION MARKET
EMISSION REDUCTION PROGRAMS
EMISSION REDUCTION UNITS
EMISSION REDUCTIONS
EMISSION RIGHTS
EMISSION TARGETS
EMISSION TRADING
EMISSION TRAJECTORIES
EMISSIONS
EMISSIONS ABATEMENT
EMISSIONS BASELINE
EMISSIONS REGULATIONS
EMPIRICAL EVIDENCE
ENERGY CONSUMPTION
ENERGY DEMAND
ENERGY EFFICIENCY
ENERGY INTENSITY
ENERGY INTENSIVE
ENERGY PRODUCTION
ENVIRONMENTAL
ENVIRONMENTAL DAMAGE
ENVIRONMENTAL INTEGRITY
FINANCIAL RESOURCES
FOREST MANAGEMENT
FORESTRY
FOSSIL FUEL
FRAMEWORK CONVENTION ON CLIMATE CHANGE
FUEL SWITCH
FUEL TYPE
GLOBAL CARBON EMISSIONS
GLOBAL CARBON MARKET
GLOBAL CLIMATE CHANGE
GLOBAL EMISSION
GLOBAL EMISSION REDUCTIONS
GLOBAL EMISSIONS
GLOBAL ENVIRONMENT
GLOBAL ENVIRONMENT FACILITY
GLOBAL ENVIRONMENTAL FACILITY
GLOBAL WARMING
GLOBAL WARMING POTENTIAL
GREENHOUSE
GREENHOUSE GAS
GREENHOUSE GAS EMISSIONS
GWP
HFC23
HFCS
HYDROFLUOROCARBONS
INCOME
INDUSTRIAL ENERGY
INDUSTRIAL GAS
INDUSTRIAL GASES
INDUSTRIAL GASSES
INFLATION
IPCC
IRON
JOINT IMPLEMENTATION
LANDFILL
LANDFILL GAS
LANDFILLS
LEGISLATION
LEVEL OF EMISSIONS
MARKET MECHANISM
MEMBER STATES
METHANE
METHANE CAPTURE
MINES
MITIGATION ACTIONS
MITIGATION POTENTIAL
MONTREAL
MONTREAL PROTOCOL
N2O
NITROUS OXIDE
OIL
PERFLUOROCARBON
PFC
PFCS
POLICY DECISIONS
POWER PLANT
POWER PLANTS
PRODUCERS
PROPERTY RIGHTS
RECYCLING
REDUCING EMISSIONS
REDUCTION OF EMISSIONS
REGIONAL EMISSIONS
RENEWABLE ENERGY
RIVERS
SF6
SILVER
STABILIZATION
SULPHUR
SUSTAINABLE DEVELOPMENT
SUSTAINABLE ENERGY
TRADABLE CARBON
TRADABLE EMISSION
TRANSFER OF EMISSION REDUCTIONS
UNEP
VALIDATION STAGE
VOLUNTARY BASIS
VOLUNTARY COMMITMENTS
WASTE
Figueres, Christiana
Streck, Charlotte
Enhanced Financial Mechanisms for Post 2012 Mitigation
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5008
description Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh Accords. In the medium term substantially increased mitigation efforts in developing countries may require a combination of three possible financial mechanisms: the current activity-based CDM albeit improved, a second market mechanism that would seek to improve the long term emission trends of developing countries by promoting broad based emission reduction programs primarily in the private sector, and a third financial mechanism outside of the market which would be an incentive for the adoption of policy changes leading to a low carbon path, but where emission reductions would not be used as international offsets.
format Publications & Research :: Policy Research Working Paper
author Figueres, Christiana
Streck, Charlotte
author_facet Figueres, Christiana
Streck, Charlotte
author_sort Figueres, Christiana
title Enhanced Financial Mechanisms for Post 2012 Mitigation
title_short Enhanced Financial Mechanisms for Post 2012 Mitigation
title_full Enhanced Financial Mechanisms for Post 2012 Mitigation
title_fullStr Enhanced Financial Mechanisms for Post 2012 Mitigation
title_full_unstemmed Enhanced Financial Mechanisms for Post 2012 Mitigation
title_sort enhanced financial mechanisms for post 2012 mitigation
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090721082047
http://hdl.handle.net/10986/4200
_version_ 1764390377345777664
spelling okr-10986-42002021-04-23T14:02:16Z Enhanced Financial Mechanisms for Post 2012 Mitigation Figueres, Christiana Streck, Charlotte ABATEMENT ABATEMENT POTENTIAL ADMINISTRATIVE PROCEDURES ALUMINUM ALUMINUM PRODUCERS ANNUAL EMISSIONS ASSESSMENT PROCESS BASELINE EMISSION BASELINE EMISSIONS CALCULATION CARBON CARBON CREDIT CARBON CREDITING CARBON CREDITS CARBON DIOXIDE CARBON EMISSIONS CARBON FINANCE CARBON INTENSITY CARBON MARKETS CARBON PRICE CERTIFIED EMISSIONS REDUCTIONS CERTIFIED PROJECT ACTIVITY CH4 CHEMICALS CLEAN AIR CLEAN DEVELOPMENT CLEAN DEVELOPMENT MECHANISM CLEAN ENERGY CLIMATE CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE MITIGATION POLICIES CLIMATE CHANGE POLICIES CLIMATE PROTECTION CO CO2 COAL COAL MINING COMPLIANCE COSTS CONSUMPTION PATTERNS COST ABATEMENT OPPORTUNITIES COSTS OF COMPLIANCE CUMULATIVE EMISSIONS DECISION MAKING DEFORESTATION DEVELOPED COUNTRIES DOMESTIC EMISSIONS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMICS ELECTRICITY ELECTRICITY SECTOR EMISSION EMISSION FACTOR EMISSION INTENSITY EMISSION LEVELS EMISSION LIMITATION EMISSION PATHS EMISSION REDUCING EMISSION REDUCTION EMISSION REDUCTION COMMITMENTS EMISSION REDUCTION MARKET EMISSION REDUCTION PROGRAMS EMISSION REDUCTION UNITS EMISSION REDUCTIONS EMISSION RIGHTS EMISSION TARGETS EMISSION TRADING EMISSION TRAJECTORIES EMISSIONS EMISSIONS ABATEMENT EMISSIONS BASELINE EMISSIONS REGULATIONS EMPIRICAL EVIDENCE ENERGY CONSUMPTION ENERGY DEMAND ENERGY EFFICIENCY ENERGY INTENSITY ENERGY INTENSIVE ENERGY PRODUCTION ENVIRONMENTAL ENVIRONMENTAL DAMAGE ENVIRONMENTAL INTEGRITY FINANCIAL RESOURCES FOREST MANAGEMENT FORESTRY FOSSIL FUEL FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL SWITCH FUEL TYPE GLOBAL CARBON EMISSIONS GLOBAL CARBON MARKET GLOBAL CLIMATE CHANGE GLOBAL EMISSION GLOBAL EMISSION REDUCTIONS GLOBAL EMISSIONS GLOBAL ENVIRONMENT GLOBAL ENVIRONMENT FACILITY GLOBAL ENVIRONMENTAL FACILITY GLOBAL WARMING GLOBAL WARMING POTENTIAL GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GWP HFC23 HFCS HYDROFLUOROCARBONS INCOME INDUSTRIAL ENERGY INDUSTRIAL GAS INDUSTRIAL GASES INDUSTRIAL GASSES INFLATION IPCC IRON JOINT IMPLEMENTATION LANDFILL LANDFILL GAS LANDFILLS LEGISLATION LEVEL OF EMISSIONS MARKET MECHANISM MEMBER STATES METHANE METHANE CAPTURE MINES MITIGATION ACTIONS MITIGATION POTENTIAL MONTREAL MONTREAL PROTOCOL N2O NITROUS OXIDE OIL PERFLUOROCARBON PFC PFCS POLICY DECISIONS POWER PLANT POWER PLANTS PRODUCERS PROPERTY RIGHTS RECYCLING REDUCING EMISSIONS REDUCTION OF EMISSIONS REGIONAL EMISSIONS RENEWABLE ENERGY RIVERS SF6 SILVER STABILIZATION SULPHUR SUSTAINABLE DEVELOPMENT SUSTAINABLE ENERGY TRADABLE CARBON TRADABLE EMISSION TRANSFER OF EMISSION REDUCTIONS UNEP VALIDATION STAGE VOLUNTARY BASIS VOLUNTARY COMMITMENTS WASTE Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh Accords. In the medium term substantially increased mitigation efforts in developing countries may require a combination of three possible financial mechanisms: the current activity-based CDM albeit improved, a second market mechanism that would seek to improve the long term emission trends of developing countries by promoting broad based emission reduction programs primarily in the private sector, and a third financial mechanism outside of the market which would be an incentive for the adoption of policy changes leading to a low carbon path, but where emission reductions would not be used as international offsets. 2012-03-19T19:11:42Z 2012-03-19T19:11:42Z 2009-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090721082047 http://hdl.handle.net/10986/4200 English Policy Research working paper ; no. WPS 5008 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region