Emissions trading schemes figure prominently among policy instruments used to tackle the problem of climate change, and the European Union Emissions Trading Scheme (EU ETS), begun in 2005, is the largest cap-and-trade market so far established. In the EU ETS, firms regulated by …
"Climate change is a defining issue of our time, posing immense social and economic threats to countries across the world. Yet, even though climate change will harm all countries, national policy responses have varied. Some countries have undertaken substantial national action w…
This book examines the emergence of both financial markets and carbon markets, and provides an in-depth investigation on the fundamental determinants of financial development. It looks at specific studies from an economic, political and geographical perspective.
