Bilateral agreements as basis towards piloting sectoral carbon market

This research paper by the NewClimate Institute examines the use of bilateral agreements between donor and implementing countries to pilot sectoral carbon market approaches, aiming to bridge the gap between the Clean Development Mechanism (CDM) and future international market-based mechanisms.

• The international carbon market is currently experiencing an activity gap because project-based mechanisms like the Clean Development Mechanism (CDM) no longer offer enough incentives for greenhouse gas mitigation in developing countries, while the rules for new mechanisms remain undefined.
• The research developed a selection methodology to prioritize countries for pilot activities based on their climate policy ambition and carbon market activity levels. It also identified that establishing accepted credited baselines is essential for the success of these pilots.
• The study tested concepts for defining reference levels using benchmarking steps in two specific sectoral contexts: the electricity sector in Chile and the building sector in South Africa.

APA

NewClimate Institute (2015). Bilateral agreements as basis towards piloting sectoral carbon market. http://www.newclimate.org/resources/publications/bilateral-agreements-as-basis-towards-piloting-sectoral-carbon-market

Chicago

NewClimate Institute. Bilateral agreements as basis towards piloting sectoral carbon market. 2015. http://www.newclimate.org/resources/publications/bilateral-agreements-as-basis-towards-piloting-sectoral-carbon-market.

Wikipedia

{{cite report |author=NewClimate Institute |title=Bilateral agreements as basis towards piloting sectoral carbon market |date=27 July 2015 |url=http://www.newclimate.org/resources/publications/bilateral-agreements-as-basis-towards-piloting-sectoral-carbon-market |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{newclimateinstitute2015bilateral, author = {{NewClimate Institute}}, title = {{Bilateral agreements as basis towards piloting sectoral carbon market}}, institution = {NewClimate Institute}, year = {2015}, month = jul, url = {http://www.newclimate.org/resources/publications/bilateral-agreements-as-basis-towards-piloting-sectoral-carbon-market}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }