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The Carbon Market and the Post-2012 Climate Regime: Key Legal Scenarios

Kati Kulovesi


a crucial phase. They are scheduled to be completed at COP 15 in Copenhagen in December 2009. The outcome will have important consequences for the carbon market. The scope and ambitiousness of the agreement on mitigation IN THE post-2012 PERIOD will be crucial for the international demand and supply of credits, and the post-2012 legal framework will determine the general conditions for transactions under the UNFCCC REGIME. However, less than six months before Copenhagen, even the broad outline of the post-2012 legal framework remains


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