Governing Carbon Markets with Distributed Ledger Technology

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Synopsis
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.
Copyright:
2022

Book Details

Book Quality:
Publisher Quality
ISBN-13:
9781108911443
Related ISBNs:
9781108843560
Publisher:
Cambridge University Press
Date of Addition:
Copyrighted By:
Alastair Marke, Michael A. Mehling and Fabiano de Andrade Correa
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
Nonfiction, Outdoors and Nature, Law, Legal Issues and Ethics
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.
Edited by:
Alastair Marke
Edited by:
Michael Mehling
Edited by:
Fabiano de Correa

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