effectiveness

Knowledge Package

Interactions between Climate Policies: Opportunities and Pitfalls

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Policies to address climate change mitigation that have been deployed in parallel may interact with each other, with positive or negative effects for emission reductions and for cost-effectiveness. This Knowledge Package explains the economic theory behind such policy interactions and discusses why even with a carbon price (such as that generated by the EU Emissions Trading Scheme) the introduction of...Read more
Knowledge Package

International Climate Policy Architectures – Top-Down and Bottom-Up

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International climate policy currently seems to be undergoing a transition from a centralized model of governance to a "hybrid" decentralized approach that combines country-level mitigation pledges with common principles for accounting and monitoring. Pledges for 2020 are likely to lead to a warming of at least 3°C. Unless a more stringent approach can be agreed for 2030, the international regime...Read more
Knowledge Package

The EU Emissions Trading System: an Introduction

The EU Emissions Trading System: an Introduction | Fotolia © patila
The EU Emissions Trading Scheme is a key pillar of European climate policy. It contributes to the EU’s greenhouse gas reduction targets by setting a cap on the maximum level of emissions for the sectors covered and establishing an installation-level market for emission permits, which generates a price for them. This knowledge package traces the history and discusses the main...Read more
Knowledge Package

Overview of Climate Targets in Europe

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Since the 1990s the EU has been pursuing climate change mitigation targets. Following the international commitment to the legally binding greenhouse gas reduction under the Kyoto Protocol, the approach was broadened and deepened with the 20-20-20% targets for 2020. The greenhouse gas target looks set to be overachieved. In 2014, new objectives for 2030 were agreed, but criticised harshly by...Read more

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