Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/4298 
Authors: 
Year of Publication: 
2008
Series/Report no.: 
Kiel Working Paper No. 1422
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
The paper looks at the global environment as a public good and as a sink for CO2-emissions. It discusses problems to be solved in institutional arrangements to protect global environmental media and looks at criteria for allocating the costs of emission reduction and emission rights. It analyzes institutional mechanisms that stabilize CO2-agreements and reviews the Kyoto Protocol, the perspectives for its successor and EU emission trading. The paper also reviews arrangements for biodiversity and existing multilateral arrangements.
Subjects: 
Global warming
Emission reduction
Emission rights
Institutional Mechanisms
Kyoto Protocol
Post-Bali negotiations
Public good
JEL: 
Q54
D62
F02
H41
Q02
D62
Document Type: 
Working Paper

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