001480249 000__ 13578nam\a22014175i\4500 001480249 001__ 1480249 001480249 003__ DE-B1597 001480249 005__ 20231026035132.0 001480249 006__ m\\\\\o\\d\\\\\\\\ 001480249 007__ cr\un\nnnunnun 001480249 008__ 230918t20092009nyu\\\\\o\\d\z\\\\\\eng\d 001480249 020__ $$a9780814786574 001480249 0247_ $$a10.18574/nyu/9780814786574.001.0001$$2doi 001480249 035__ $$a(DE-B1597)547153 001480249 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001480249 0410_ $$aeng 001480249 044__ $$anyu$$cUS-NY 001480249 050_4 $$aQC903$$b.C565 2009eb 001480249 072_7 $$aLAW034000$$2bisacsh 001480249 08204 $$a363.738/74$$222 001480249 24500 $$aClimate Finance :$$bRegulatory and Funding Strategies for Climate Change and Global Development /$$ced. by Benedict Kingsbury, Richard B. Stewart, Bryce Rudyk. 001480249 264_1 $$aNew York, NY : : $$bNew York University Press, $$c[2009] 001480249 264_4 $$c©2009 001480249 300__ $$a1 online resource 001480249 336__ $$atext$$btxt$$2rdacontent 001480249 337__ $$acomputer$$bc$$2rdamedia 001480249 338__ $$aonline resource$$bcr$$2rdacarrier 001480249 347__ $$atext file$$bPDF$$2rda 001480249 50500 $$tFrontmatter -- $$tContents -- $$tAcknowledgments -- $$tForeword: NYU Abu Dhabi and the Sustainable Environment -- $$tSummary of Key Findings and Recommendations -- $$tAbout the Contributors -- $$tPart I. Climate Change and Mitigation: Overview and Key Themes -- $$t1. Climate Finance for Limiting Emissions and Promoting Green Development: Mechanisms, Regulation, and Governance -- $$t2. Understanding the Causes and Implications of Climate Change -- $$t3. T e Climate Financing Problem: Funds Needed for Global Climate Change Mitigation Vastly Exceed Funds Currently Available -- $$t4. The Future of Climate Governance: Creating a More Flexible Architecture -- $$tPart II. Proposals for Climate Finance: Regulatory and Market Mechanisms and Incentives -- $$tA. Trading or Taxes? -- $$t5. Cap-and-Trade Is Preferable to a Carbon Tax -- $$tB. Reforming the Clean Development Mechanism (CDM ) -- $$t6. Expectations and Reality of the Clean Development Mechanism: A Climate Finance Instrument between Accusation and Aspirations -- $$tC. Sectoral Programs for Emissions Control and Crediting -- $$t7. Why a Successful Climate Change Agreement Needs Sectoral Elements -- $$t8. Sectoral Crediting: Getting the Incentives Right for Private Investors -- $$t9. Forest and Land Use Programs Must Be Given Financial Credit in Any Climate Change Agreement -- $$t10. Stock-and-Flow Mechanisms to Reduce Land Use, Land Use Change, and Forestry Emissions: A Proposal from Brazil -- $$tD. Leveraging Trading to Maximize Climate Benefits -- $$t11. Mitigating Climate Change at Manageable Cost: Th e Catalyst Proposal -- $$t12. Engaging Developing Countries by Incentivizing Early Action -- $$tE. Linking Trading Systems -- $$t13. Carbon Market Design: Beyond the EU Emissions Trading Scheme -- $$tF. Investor Perspectives -- $$t14. Incentivizing Private Investment in Climate Change Mitigation -- $$t15. Investment Opportunities and Catalysts: Analysis and Proposals from the Climate Finance Industry on Funding Climate Mitigation -- $$tPart III. Bringing Developed and Developing Countries Together in Climate Finance Bargains: Trust, Governance, and Mutual Conditionality -- $$tA. Meeting Developing Country Climate Finance Priorities -- $$t16. Developing Country Concerns about Climate Finance Proposals: Priorities, Trust, and the Credible Donor Problem -- $$t17. Developing Countries and a Proposal for Architecture and Governance of a Reformed UNFCCC Financial Mechanism -- $$t18. Climate Change and Development: A Bottom-Up Approach to Mitigation for Developing Countries? -- $$t19. Operationalizing a Bottom-Up Regime: Registering and Crediting NAMAs -- $$tB. Conditionality and Its Governance -- $$t20. From Coercive Conditionality to Agreed Conditions: The Only Future for Future Climate Finance -- $$t21. Getting Climate-Related Conditionality Right -- $$t22. Making Climate Financing Work: What Might Climate Change Experts Learn from the Experience of Development Assistance? -- $$tPart IV. National Policies: Implications for the Future Global Climate Finance Regime -- $$t23. Climate Legislation in the United States: Potential Framework and Prospects for International Carbon Finance -- $$t24. The EU ETS: Experience to Date and Lessons for the Future -- $$t25. Greenhouse Gas Emissions and Mitigation Measures in China -- $$t26. Cities and GHG Emissions Reductions: An Opportunity We Cannot Afford to Miss -- $$t27. A Prototype for Strategy Change in Oil-Exporting MENA States? The Masdar Initiative in Abu Dhabi -- $$tPart V. Climate Finance and World Trade Organization (WTO) Law and Policy -- $$t28. The WTO and Climate Finance: Overview of the Key Issue -- $$t29. Carbon Trading and the CDM in WTO Law -- $$t30. Countervailing Duties and Subsidies for Climate Mitigation: What Is, and What Is Not, WTO-Compatible? -- $$t31. Border Climate Adjustment as Climate Policy -- $$t32. Enforcing Climate Rules with Trade Measures: Five Recommendations for Trade Policy Monitoring -- $$t33. Carbon Footprint Labeling in Climate Finance: Governance and Trade Challenges of Calculating Products' Carbon Content -- $$tPart VI. Taxation of Carbon Markets -- $$t34. Fiscal Considerations in Curbing Climate Change -- $$t35. Tax and Efficiency under Global Cap-and-Trade -- $$t36. Tax Consequences of Carbon Cap-and-Trade Schemes: Free Permits and Auctioned Permits -- $$tAfterword: Reflections on a Path to Effective Climate Change Mitigation -- $$tAbbreviations -- $$tIndex 001480249 506__ $$aAccess limited to authorized users. 001480249 520__ $$aPreventing risks of severe damage from climate change not only requires deep cuts in developed country greenhouse gas emissions, but enormous amounts of public and private investment to limit emissions while promoting green growth in developing countries. While attention has focused on emissions limitations commitments and architectures, the crucial issue of what must be done to mobilize and govern the necessary financial resources has received too little consideration. In Climate Finance, a leading group of policy experts and scholars shows how effective mitigation of climate change will depend on a complex mix of public funds, private investment through carbon markets, and structured incentives that leave room for developing country innovations. This requires sophisticated national and global regulation of cap-and-trade and offset markets, forest and energy policy, international development funding, international trade law, and coordinated tax policy.Thirty-six targeted policy essays present a succinct overview of the emerging field of climate finance, defining the issues, setting the stakes, and making new and comprehensive proposals for financial, regulatory, and governance mechanisms that will enrich political and policy debate for many years to come. The complex challenges of climate finance will continue to demand fresh insights and creative approaches. The ideas in this volume mark out starting points for essential institutional and policy innovations. 001480249 538__ $$aMode of access: Internet via World Wide Web. 001480249 546__ $$aIn English. 001480249 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 18. 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