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This book presents the proceedings of an OECD workshop on domestic tradeable permits which provides an analysis of recent developments in the use of domestic TPs in new areas including climate change, renewable energy, transport, solid waste management, and water resources management.
This publication offers valuable lessons for applying tradeable permits and provides links between policy evaluation and policy making general.
This paper looks at the role and importance of economic instruments in the context of three specific biodiversity related Multilateral Environmental Agreements. These are the Convention on international Trade in Endangered Species of Flora and Fauna (CITES), the Convention on Biological Diversity (CBD) and the Ramsar Convention on Wetlands of International Importance especially as Waterfowl Habitat (Ramsar Convention). The paper also discusses ways to improve and enhance the use of economic instruments as a means of conserving and sustaining biological diversity. (UNEP).
The announcement by China that it will implement a national emissions trading scheme confirms the status of this instrument as the pre-eminent policy choice for mitigating climate change. China will join the dozens of existing and emerging schemes around the world - from the EU to California, South Korea to New Zealand - that use carbon units (otherwise known as emissions permits or carbon credits) to trade in greenhouse gas emissions in a multi-billion dollar global carbon market. However, to date, there has been no consensus about this pre-eminent policy instrument being regulated by international economic law through the World Trade Organization, international investment agreements, and free trade agreements. Munro addresses this issue by evaluating whether carbon units qualify as 'goods', 'services', 'financial services', and 'investments' under international economic law and showing how international economic law applies to emissions trading scheme in diverse and unexpected ways. Further, by engaging in a comparative assessment of schemes around the world, his book illustrates how and why all emissions trading schemes engage in various forms of violations of international economic law which would not, in most instances, be justified by environmental or other exceptions. In doing so, he demonstrates how such schemes can be designed or reformed in ways to ensure their future compliance.
This report assesses the progress that OECD countries have made in implementing objectives set out in an Environmentl Strategy adopted in 2001, as well as in applying the 71 national actions they agreed as part of that Strategy.
Waste tends to be understood as the potentially polluting and unsolicited by-product of our daily lives, a source of risk for the environment and human health. Nonetheless, a transboundary market for wastes as valuable raw materials and second-hand goods has emerged, and states ship wastes to specialised disposal and recycling sites abroad.This book provides a thorough analysis of the Basel Convention and the applicable OECD and EU frameworks of regulation. The author adopts a legal approach that encompasses the environmental, human rights, and WTO law aspects of waste trade. It explores the potential of the concept of “sustainable development” to integrate divergent regulatory approaches under the umbrella of the WTO in particular, and identifies crucial elements of a more comprehensive and sustainable solution for international waste trade.
This collection of essays analyses the reform experiences of the 30 OECD countries in nine major policy domains in order to identify lessons, pitfalls and strategies that may help foster policy reform in the future.
The theoretical arguments for environmental taxes and other types of economic instruments for environmental protection have been discussed extensively in the literature. Rather less well discussed has been the extremely complex form that such instruments have in fact taken in practice. Environmental Taxation Law: Policy, Contexts and Practice examines the legal implications of introducing environmental taxes and other economic instruments into the regulatory framework of UK law. In doing so, it analyzes and explains the difficulties of grafting environmental taxes onto the complexities of existing regulatory structures, not all of which, of course, were originally devised with environmental considerations in mind. Although the focus of the book is the UK's pioneering implementation of a web of distinct yet interrelated policy measures, it locates the UK's taxes and instruments not simply in their broader context of market and environmental regulation, but also in the contexts of European and international law.
The criteria for sustainable development have become a decisive factor in the formulation and assessment of economic policy models. By its nature, sustainable development is a multidimensional category; therefore, it requires an interdisciplinary approach. This study is focused on the economic aspects of sustainable development. However, the analysis includes the interdependences of the noneconomic dimensions. The author proposes a new definition for sustainable development that incorporates those dimensions and suggests a new GDP matrix that better integrates the quantitative and the qualitative parameters of the economic output, including its effect on the environmental equilibrium.
This report assesses the use of voluntary approaches by building on a number of new case studies and an extensive search of the available literature.