Institutional Mechanisms to Address the AAU Reserves in a Post-2012 Agreement

0
Russia, Ukraine, Poland, and some other countries will have large surpluses of Assigned Amount Units (AAUs) in the first commitment period of the Kyoto Protocol (2008-2012). This is likely to emerge as one of the central challenges during the post-2012 negotiations. This article proposes a mechanism for addressing the issue through an International AAU Reserve Fund that would facilitate acceptance of more stringent emission reduction commitments by the developed countries post-2012 based on the AAUs reserve accumulated pre-2012.

Customer comments

No comments were found for Institutional Mechanisms to Address the AAU Reserves in a Post-2012 Agreement. Be the first to comment!