1 option
Simulating Carbon Markets
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Carbon Pricing Leadership Coalition.
- Series:
- Carbon Pricing Leadership Coalition Reports.
- World Bank e-Library.
- Carbon Pricing Leadership Coalition Reports
- Language:
- English
- Subjects (All):
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Environment.
- Local Subjects:
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Environment.
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- Carbon market simulations are programs, models, virtual environments, and/or games that allow stakeholders to participate in a simulated process of designing or participating in an ETS. They are a low-cost and low-risk option of building capacity for both policymakers and regulated companies. The experiential learning processes these tools enable serves to increase ETS literacy, helps build support for ETS as a policy option, and illustrates how policy outcomes are a function of design. Importantly, ETS simulations can provide an opportunity for different stakeholdersto build relationships, mutual understanding and trust, all of which are key prerequisites for working together on policy design and implementation. Finally, these tools provide stakeholders with a safe and risk-free opportunity to try out new ideas, make mistakes, and to learn lessons which can serve to speed the adoption of effective ETSs.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.