Guidebook to Carbon Neutrality in China

This Open Access publication focuses on China’s goal of achieving peak carbon emissions in 2030 and carbon neutrality by 2060. The book is the first to systematically build a framework combining a top-down and bottom-up analysis of this acute topic. What does carbon neutrality mean for economics in China? Might it imply stagflation or is it an opportunity to maximize the potential of green manufacturing? The book offers a comprehensive analysis of how the pursuit of carbon neutrality may influence the development of China's economy, and the country's biggest industries, while foreseeing the likely changes in people's lifestyles. In total, the book constructs a comprehensive path for China's carbon neutrality drive from the perspective of the green premium. This effort lays the foundation for a discussion of the country's emissions reduction plan. The book goes further, calculating the investment required for different sectors to achieve carbon neutrality, and illustrating the roles of carbon pricing and green finance in this undertaking. The book’s information comes from a network of primary sources, including experts in the field and noted academics, to depict potential low-carbon roadmaps and green transitions in major industries. Emphasized is green development in sectors that will be critical to civilization, including in technology, energy, manufacturing, transportation, and urban planning, which are backed by in-depth discussions and analyses. Accessible and academically rigorous, the work is anchored in the economics of carbon neutrality, extends to potential policy implications and identifies investment opportunities. This valuable reference will attract readers interested in public policy, economics, finance, and investors who seek to better understand China's prospects in the low-carbon economy of the near future

Enhanced financial mechanisms for post 2012 mitigation

Despite the many calls to reform the CDM, its conceptual underpinnings are strong and it will most likely survive in the post-2012 climate regime. Some modifications may be considered in the short term to strengthen the effectiveness and transparency of the mechanism without modifying the Marrakesh Accords. In the medium term substantially increased mitigation efforts in developing countries may require a combination of three possible financial mechanisms: the current activity-based CDM albeit improved, a second market mechanism that would seek to improve the long term emission trends of developing countries by promoting broad based emission reduction programs primarily in the private sector, and a third financial mechanism outside of the market which would be an incentive for the adoption of policy changes leading to a low carbon path, but where emission reductions would not be used as international offsets.Environmental Economics&Policies,Carbon Policy and Trading,Montreal Protocol,Energy and Environment,Environment and Energy Efficiency

Carbon Trading in BRICS Countries: Challenges and Recommendations

As one of the world’s largest emerging economies, BRICS countries are playing an increasingly important role in addressing the global issue of climate change. To achieve their emissions reduction targets, these nations are actively promoting the construction of carbon trading markets. However, they face multiple challenges and obstacles in this endeavor, including issues related to market norms, financial support, technical capacity, social participation, and development needs. This research investigates the problems and challenges faced by BRICS countries in terms of building carbon trading markets through literature reviews and case studies. To address these challenges, this research strengthening international cooperation and technical support, improving market norms and provide following recommendations: conducting regulatory measures, enhancing social participation and communication, and balancing the relationship between economic development and environmental protection requirements. Furthermore, it is crucial for these nations to continue to strengthen international cooperation and collaboration, working together to promote the construction of carbon trading markets, achieving their emissions reduction targets, and ensuring long-term sustainability and economic development

Climate Strategy

This seminal and challenging analysis of the current global climate change suggests three courses of action for solving the climate problem: adaptation to the changed climate, selection of worldwide hopeful strategies for mitigation until 2050 and international coordination necessary to implement these strategies

Carbon Budget—the agenda for mitigation. Australia, Canada, the European Union and Japan

human development, climate change