Temporary emission allowances from afforestation and reforestation activities under the EU ETS

[EN] The authors have assessed the regulatory framework set by the UNFCCC (United Nations Frame Convention on Climate Change), the Kyoto Protocol and its Flexible Mechanisms, including the CDM (Clean Development Mechanism), and the EU ETS (European Union Emissions Trading Scheme). After this general...

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Detalles Bibliográficos
Autores: Bachiller Méndez, Ignacio, Fernández-Cavada Labat, José Luis, Martín Juez, Jaime
Tipo de recurso: artículo
Fecha de publicación:2011
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:español
OAI Identifier:oai:riunet.upv.es:10251/117618
Acceso en línea:https://riunet.upv.es/handle/10251/117618
Access Level:acceso abierto
Palabra clave:Derechos temporales
EU ETS
Forestación
MDL
Reforestación
Temporary allowances
Afforestation
CDM
Reforestation
Descripción
Sumario:[EN] The authors have assessed the regulatory framework set by the UNFCCC (United Nations Frame Convention on Climate Change), the Kyoto Protocol and its Flexible Mechanisms, including the CDM (Clean Development Mechanism), and the EU ETS (European Union Emissions Trading Scheme). After this general overview, the article shows how afforestation and reforestation activities have been incorporated into the CDM process and its current consideration under the EU ETS. Transaction costs of these types of CDM project activities are analyzed, together with the state of the temporary allowances market. Finally, taking into account the above mentioned elements, the authors draw several conclusions on the opportunity and expectations of the future development of this market.