A deepening understanding of the importance of climate change has caused a recent and rapid increase in the number of climate change or climate-related laws. Trends in Climate Change Legislation offers an astute analysis of the political, institutional and economic factors that have motivated this surge, placing it into context.
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Edited by Alina Averchenkova, Sam Fankhauser and Michal Nachmany
Policy Instruments and Market Mechanisms
Timothy Cadman, Lauren Eastwood, Federico Lopez-Casero Michaelis, Tek N. Maraseni, Jamie Pittock and Tapan Sarker
Since the Rio ‘Earth’ Summit of 1992, sustainable development has become the major policy response to tackling global environmental degradation, from climate change to loss of biodiversity and deforestation. Market instruments such as emissions trading, payments for ecosystem services and timber certification have become the main mechanisms for financing the sustainable management of the earth’s natural resources. Yet how effective are they – and do they help the planet and developing countries, or merely uphold the economic status quo? This book investigates these important questions.