Knight, Eric --- "Market design and maturity in the Asia Pacific" [2015] ELECD 204; in Van Calster, Geert; Vandenberghe, Wim; Reins, Leonie (eds), "Research Handbook on Climate Change Mitigation Law" (Edward Elgar Publishing, 2015) 499

Book Title: Research Handbook on Climate Change Mitigation Law

Editor(s): Van Calster, Geert; Vandenberghe, Wim; Reins, Leonie

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9781849803809

Section: Chapter 23

Section Title: Market design and maturity in the Asia Pacific

Author(s): Knight, Eric

Number of pages: 8

Abstract/Description:

This section gives a point-in-time overview of market design principles and features framing carbon trading in the Asia Pacific region. In particular, specific analysis is provided of emerging designs in New Zealand, Japan, South Korea and Australia. The approaches vary considerably across jurisdiction given local economic and political factors. However, each country has ambitions to link their mechanisms into cross-jurisdictional architectures over time.