Governing Carbon Markets With Distributed Ledger Technology
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Governing Carbon Markets with Distributed Ledger Technology
Author: Alastair Marke
language: en
Publisher: Cambridge University Press
Release Date: 2022-08-25
Carbon markets involve complex governance challenges, such as ensuring transparency of emissions, facilitating as well as recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems. This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementation of a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in the implementation of carbon markets.
Beyond Treaties: Rethinking Legal Mechanisms for International Climate Governance
Author: Türkan Gülce Budak
language: en
Publisher: Springer Nature
Release Date: 2025-04-05
This open access book examines the implications of the shift towards minilateralism for international climate law, analysing how climate-related trade measures and Paris Agreement compatible platforms may enhance global climate governance. The landscape of international climate change law is evolving from a traditional consensus-based treaty model, characterized by comprehensive yet often slow-moving agreements, toward a more pragmatic approach known as minilateralism. In this emerging paradigm, smaller groups of countries negotiate and implement trade measures aimed at mitigating climate impacts. An exemplary case is the European Green Deal, which introduces climate-related trade measures as a key instrument for achieving sustainability goals within and beyond Europe. Additionally, countries are exploring minilateral cooperation platforms within the Paris Agreement framework to further their climate objectives. The central questions to be addressed in this book are twofold. First, how can the design of the minilateral schemes comply with the Paris Agreement’s international cooperation, common but differentiated responsibilities and respective capacities, and market-based mechanisms principles? Second, to what extent does the climate-related trade measures conform with the WTO regime, particularly with the non-discrimination principles of the trade law, namely most favoured nation and national treatment?
The Elgar Companion to the Law and Practice of the International Civil Aviation Organization
Author: Ludwig Weber
language: en
Publisher: Edward Elgar Publishing
Release Date: 2025-06-09
This comprehensive Companion presents a unique overview of the law and practice of the International Civil Aviation Organization (ICAO). It explores the organization’s indispensable role in the formulation and implementation of rules, policies, standards and recommended practices across the 193 member States, addressing major challenges such as fostering aviation safety and security, reducing emissions, upgrading air navigation services, and protecting the flying public against cyber threats.