In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions

The document asserts that the determination of payment responsibilities is critical for future international climate agreements. It argues that international market mechanisms are essential for providing the incentives and space necessary to reduce greenhouse gas emissions, suggesting that a robust framework could fundamentally transform global development, particularly for Canada.

• The resolution of financial responsibility—specifically who pays and the amount—is a primary factor that will determine the outcome of future international climate change agreements.
• International market mechanisms are essential for generating the incentives and capacity required to achieve greenhouse gas emission reductions.
• Establishing a robust framework for market mechanisms in a future agreement could facilitate a fundamental shift in the nature of global development, especially for Canada.

APA

Drexhage,, J. B. (2009). In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions. International Institute for Sustainable Development. https://www.iisd.org/articles/policy-analysis/market-climate-change-action-market-mechanisms-and-achievement-global

Chicago

Drexhage,, Jessica Boyle,John. In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions. International Institute for Sustainable Development, 2009. https://www.iisd.org/articles/policy-analysis/market-climate-change-action-market-mechanisms-and-achievement-global.

Wikipedia

{{cite report |last1=Drexhage, |first1=Jessica Boyle,John |title=In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions |publisher=International Institute for Sustainable Development |date=11 December 2009 |url=https://www.iisd.org/articles/policy-analysis/market-climate-change-action-market-mechanisms-and-achievement-global |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{drexhage2009market, author = {Drexhage,, Jessica Boyle,John}, title = {{In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions}}, institution = {International Institute for Sustainable Development}, year = {2009}, month = dec, url = {https://www.iisd.org/articles/policy-analysis/market-climate-change-action-market-mechanisms-and-achievement-global}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }