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ECN publication
Title:
Key design elements of new market mechanisms (NMMs): merits and shortcomings of options available
 
Author(s):
Sijm, J.P.M.
 
Published by: Publication date:
ECN Policy Studies 3-4-2012
 
ECN report number: Document type:
ECN-L--12-006 Presentation
 
Number of pages: Full text:
32 Download PDF  

Presented at: EU expert workshop on NMMS, Danish Energy Agency, Copenhagen, Denmark, February 9, 2012.

Abstract:
The overall purpose of the presentation is to give a brief assessment of the main options for the key design elements of the so-called ‘New Market Mechanisms’ (NMMs), including both sectoral carbon crediting and trading mechanisms. More particularly, the main issues discussed include:

  • What are key NMM design elements?
  • Why include these elements in the UNFCCC „modalities and procedures??
  • What are the main options for each design element?
  • What are the major merits („pros?) and shortcomings („cons?) of different options?


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