Climate Trading provides a comprehensive overview of the emerging
greenhouse gas emissions trading markets. The book covers events in the
UN climate negotiations and the development of the international
emissions trading system under the Kyoto Protocol. The key focus of the
book is the emerging domestic and international emissions trading
schemes, project based trading programmes, and the developing greenhouse
gas markets. As governments implement regulations to meet domestic and
international greenhouse gas emission reduction targets, it is crucial
for capital market practitioners and industry to understand risks and
opportunities posed by these regulations. The book offers the reader
insight into the climate change problem, the concept of emissions
trading, design of emerging trading schemes and the practical
functioning of the greenhouse gas markets.