Carbon pricing plays an important role as a market-oriented emission reduction policy tool in the global response to climate change. But to be effective, carbon pricing mechanisms have to be expertly designed. iGDP provides analysis of the key elements in carbon pricing, among them allowance allocation and MRV frameworks. We review foreign and domestic carbon pricing development practices, and evaluate their application potential in China’s policy and market environments.
National Carbon Market Commissioned Auction Framework Research and Implementation Mechanism Design