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Market-based mechanisms

Market-based mechanisms can provide flexible instruments reducing the costs of meeting emissions targets and are generally assumed to be effective instruments for the reduction of greenhouse gases. There are different market-based mechanisms. Emissions trading systems are one market-based mechanism. The Joint Implementation (JI) mechanism and the Clean Development Mechanism (CDM) established under the Kyoto Protocol are further market-based mechanisms.

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The Climate Policy Info Hub has been created within the POLIMP project which has received funding from the European Union's Seventh Framework Programme for Research, Technological Development and Demonstration under Grant Agreement Number 603847.

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