On the potential of flexible instruments under the Kyoto Protocol
- 1 January 1998
- journal article
- Published by Inderscience Publishers in International Journal of Environment and Pollution
- Vol. 10 (3/4) , 476
- https://doi.org/10.1504/ijep.1998.002243
Abstract
This paper analyses the potential market for project-based international cooperation within the framework of the Kyoto Protocol. With the help of existing cost data, it is shown that the scope for cost savings by using the project-based flexible instruments of the Protocol is considerable, and that a multi-billion dollar carbon credit market can emerge.Keywords
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