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In the Market - Developing Countries and the Carbon Market: An Ambivalent Relationship

Lisa Zelljadt

DOI https://doi.org/10.21552/CCLR/2010/1/126



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

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