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Advance Market Commitments Today Can Build a Low-Carbon Tomorrow
This guide from RMI explains Advance Market Commitments (AMCs) as financial mechanisms used to stimulate the development and deployment of new technologies by guaranteeing a future market. By providing a promise from governments or private entities to purchase a specific amount of a product once available, AMCs reduce risk for investors and developers, particularly in sectors like aviation, buildings, hydrogen, and carbon dioxide removal.
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Document type: Guide
A Government-Led Advance Market Commitment for Carbon Removal
This research paper by RMI proposes the establishment of a government-led Advance Market Commitment (AMC) to scale carbon removal technologies. It argues that current voluntary and compliance markets are insufficient to meet the gigaton-scale requirements needed by midcentury and provides a framework for governments to coordinate demand, harmonize standards, and catalyze private investment to bridge the funding and deployment gap.
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Document type: Research paper
Indicators for Sustainable Development under Article 6 of the Paris Agreement
This report by the NewClimate Institute examines methods to strengthen the role of sustainable development and safeguarding provisions within the design of mechanisms under Article 6 of the Paris Agreement, drawing on experiences from the Clean Development Mechanism (CDM), voluntary markets, and non-UNFCCC multilateral institutions.
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Document type: Report
Analysing the interactions between new market mechanisms and emissions
This report outlines a project that analyzed Article 6 of the Paris Agreement to inform its rulebook and assessed the readiness of Ukraine, Vietnam, and Ethiopia to engage with market mechanisms based on their history of carbon market collaboration with Germany.
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Document type: Report
In the Market for Climate Change Action: Market mechanisms and the achievement of global emissions reductions
This commentary discusses the role of international market mechanisms in facilitating greenhouse gas emission reductions and their potential to influence future international climate agreements and development processes, with a specific focus on the needs of Canada.
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Document type: Research paper
MAKING MARKETS IN RESOURCE EFFICIENCY
This 1989 research paper by Amory B. Lovins of the Rocky Mountain Institute argues for the creation of markets in resource efficiency to combat the economic tendency to treat natural resource depletion and pollution as free goods. Lovins proposes treating saved resources—such as 'negawatts' of electricity—as commodities that can be traded, auctioned, and hedged, providing a market-based alternative to regulatory mandates. He asserts that efficient technology is generally cheaper than producing new resources, creating a significant profit opportunity for those who sell efficiency rather than the resource itself.
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This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.
Document type: Research paper