30 years: Emissions Trading Schemes
The implementation of an emissions trading scheme involves a lot more considerations than in theory. In this video Nicola Steen explains how trading schemes have been implemented in the real world.
The implementation of an emissions trading scheme involves a lot more considerations than in theory. In this video Nicola Steen explains how trading schemes have been implemented in the real world.
7 mins 44 secs
The birth of global emissions trading schemes happened as a result of the The United Nations Framework Convention on Climate Change (UNFCCC). The UNFCCC brought together global and conducted discussions. The result of these discussions had huge implications for the future of emissions trading schemes especially around regulatory aspects in different nations.
Key learning objectives:
Understand the involvement of the UNFCCC in helping launch emissions trading schemes globally
Understand the landscape of regional project rules
Comprehend the illustration of emission trading schemes
Understand how to calculate emission reductions from projects