- Volume 4 (2010), Issue 1
- Vol. 4 (2010), No. 1
- >
- Page 3
- p. 3
In the Market - Developing Countries and the Carbon Market: An Ambivalent Relationship
br />1. Copenhagen and the Developing World Following the 15th Conference of the Parties (COP) to the UN Framework Convention on Climate Change from a market perspective revealed a strong dichotomy between developed and developing countries on the very concept of tradable credits for GHG reductions. Negotiators from Europe, where there is a functioning emissions trading system (ETS), were joined by parties like Japan, Australia, and the US in assuming that deals in Copenhagen could be struck around market mechanisms that provide incen