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A briefing by Zero Carbon Analytics analyzing how Vietnam's investment in solar power mitigates the economic impact of soaring fossil fuel prices caused by a conflict in Iran, while warning that continued reliance on coal and LNG imports increases future vulnerability to price shocks.

This research paper proposes a framework for assessing the standards and practices of carbon crediting schemes to ensure unit quality, specifically for countries using these schemes as a basis for international emissions trading under the Paris Agreement.

This guide explains Article 6 of the Paris Agreement, which governs international carbon markets. It details how these markets allow countries to trade emissions reductions to meet their nationally determined contributions (NDCs), while highlighting critical risks such as double-counting and the need for additionality to ensure environmental integrity.

This policy brief examines the conflict between the UNFCCC's principle of common but differentiated responsibilities and respective capabilities (CBDRRC) and the international aviation law's principle of equal treatment. It argues that 'contextual treatment'—which considers changing national circumstances and provides implementation assistance—offers a viable path to reconcile these opposing frameworks to regulate international aviation emissions.

The paper argues that single-year emissions targets are fundamentally flawed compared to continuous multi-year targets because they create uncertainty regarding cumulative emissions, are more susceptible to annual variability, and are incompatible with domestic emissions trading schemes. The authors highlight that the use of tradable units can further reduce the ambition of single-year targets, potentially allowing countries to meet goals without domestic mitigation. They recommend that future international agreements mandate continuous multi-year targets to ensure comparability and align with global carbon budgets.

This research paper discusses the introduction of pilot greenhouse gas emission trading schemes (ETS) in China and their implications for the country's approach to climate change and market-based environmental policy.

The Sovereign Emission Rights Framework is a proposal by Sandbag, submitted to the European Commission in 2013, for an equitable global emissions trading regime. It argues that emissions rights should be distributed based on 1990 population shares and that historical emissions since 1990 should be counted against these budgets to avoid 'hot air' and ensure a fair distribution of the remaining carbon space needed to avoid 2°C of warming.

This issue brief analyzes China's clean power sector, detailing its massive growth in electricity capacity, its continued heavy reliance on coal, and the government's strategic shift toward renewable energy and emissions controls under the 12th Five Year Plan.

This policy brief by the International Institute for Sustainable Development (IISD) analyzes the implementation of Australia's Clean Energy Future carbon pricing mechanism. It details the scheme's structure, including its transition from a fixed-price period to a cap-and-trade system, the associated compensation measures for industry and households, and the resulting impacts on subnational policies. The document highlights lessons for Canada, specifically regarding the importance of robust emissions reporting and the risks of locking in fixed prices amidst volatile international markets.

This policy brief examines how China successfully leveraged the Clean Development Mechanism (CDM) to promote sustainable development. It highlights the role of powerful government ministries, coordinated capacity building, and the implementation of specific market restrictions to protect national interests and ensure local benefits.

This briefing by Friends of the Earth International examines the influence of Shell and other corporate entities on the UN's Rio+20 process. It details how Shell utilizes a network of interlinked business associations and lobbying groups—including the ICC, WBCSD, and the UN Global Compact—to shape global sustainability standards and policy, often operating through 'BINGOs' (business-backed NGOs) to gain privileged access to UN decision-making.

This research paper describes the Clipore program, a large-scale research initiative funded by Mistra that operated from 2004 to 2011 to support international climate policy development.

This report by the International Institute for Sustainable Development (IISD) examines the role of international carbon market mechanisms within the context of negotiations for a post-2012 climate change agreement. It reviews the existing Kyoto Protocol instruments—International Emissions Trading (IET), Joint Implementation (JI), and the Clean Development Mechanism (CDM)—and explores potential expansions or new mechanisms, such as sectoral crediting and REDD, to enhance cost-effectiveness and engage developing countries in mitigation efforts.

This report analyzes the compliance system of the Kyoto Protocol, describing it as more robust than typical multilateral environmental agreements due to its quasi-judicial enforcement mechanisms and specific penalties for developed nations that fail to meet emissions targets.

The Center for International Environmental Law (CIEL) proposes a hybrid liability rule for Article 17 emissions trading under the Kyoto Protocol to resolve disputes between seller and buyer liability. The proposal centers on a 'commitment period reserve' to ensure environmental integrity and market liquidity while preventing a 'domino effect' of non-compliance.

The Center for International Environmental Law (CIEL) provides comments on the Joint Working Group on Compliance (JWGC) Co-Chairs' "Elements" paper regarding the Kyoto Protocol's compliance system. CIEL advocates for a standing compliance body with distinct facilitative, enforcement, and eligibility branches, emphasizing transparency, civil society participation, and a dynamic Compliance Fund to replace "borrowing" as a remedy for non-compliance.

The report proposes the creation of a 'Compliance Fund' to allow Annex I Parties under the Kyoto Protocol to avoid non-compliance by paying fees for GHG mitigation credits when market options are unavailable. It advocates for this fund over 'borrowing' from future periods and suggests a 'Compliance Assessment' system, enforceable through domestic courts via a 'Recognition Agreement,' to penalize and remedy willful non-compliance.

This position paper by the Center for International Environmental Law (CIEL) outlines twelve principles to guide the implementation of Joint Implementation (JI) under the Framework Convention on Climate Change (FCCC). The document argues against moving from the JI pilot phase to full crediting without an independent evaluation and a comprehensive legal framework, highlighting significant technical, environmental, and socio-economic risks associated with the project-by-project approach.

This research paper by the Center for International Environmental Law and EURONATURA proposes a two-tiered compliance regime for the Kyoto Protocol, distinguishing between a facilitative approach during the first commitment period and an enforcement phase following it. The authors argue for a system that prioritizes capacity building and 'making the climate whole' through mechanisms like a Clean Development Fund and compliance reserves to address substantive non-compliance.

This briefing by the Center for International Environmental Law provides recommendations for the compliance system of the Kyoto Protocol, focusing on the distinct roles of the facilitative and enforcement branches, the necessity of public transparency, and the application of consequences for non-compliance.