Submission to Call for Input: Framework for Various Approaches

The document asserts that market-based mechanisms are insufficient on their own to finance necessary emission reductions and must be supported by public finance to build capacity and governance. It argues that international credits should not compete with domestic mitigation efforts in developing countries, nor should they replace domestic action in developed countries. Finally, it suggests that any new framework should be informed by the experiences of the Clean Development Mechanism (CDM), Joint Implementation (JI), and the EU Emissions Trading System (EU-ETS).

• Market-based mechanisms are insufficient for financing adequate emission reductions without the support of public finance to establish governance, capacity, and policies that enable private investment in low-carbon development.
• International market-based mechanisms should not interfere with the ability of developing countries to use low-cost mitigation for their own targets, and credits should only supplement domestic action in developed nations.
• The design of a new framework should incorporate lessons from the EU-ETS, JI, and CDM.

APA

Carbon Market Watch (2012). Submission to Call for Input: Framework for Various Approaches. https://carbonmarketwatch.org/publications/submission-to-call-for-input-framework-for-various-approaches/

Chicago

Carbon Market Watch. Submission to Call for Input: Framework for Various Approaches. 2012. https://carbonmarketwatch.org/publications/submission-to-call-for-input-framework-for-various-approaches/.

Wikipedia

{{cite press release |author=Carbon Market Watch |title=Submission to Call for Input: Framework for Various Approaches |date=15 March 2012 |url=https://carbonmarketwatch.org/publications/submission-to-call-for-input-framework-for-various-approaches/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{carbonmarketwatch2012submission, author = {{Carbon Market Watch}}, title = {{Submission to Call for Input: Framework for Various Approaches}}, publisher = {Carbon Market Watch}, year = {2012}, month = mar, url = {https://carbonmarketwatch.org/publications/submission-to-call-for-input-framework-for-various-approaches/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }