Home >
Law >
Environmental / Energy Law >
Governing Carbon Markets with Distributed Ledger Technology

Governing Carbon Markets with Distributed Ledger Technology

Author: Alastair Marke; Michael Mehling; Fabiano de Andrade Correa
Publisher: Cambridge University Press
ISBN: 9781108843560
Published In: August 2022
Format: Hardback
Jurisdiction: ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: $148.72

$144.26 Save $4.46 (3%)

Download Order Form

Add to Wishlist
| Add to Compare

Description
Contents

Details

Carbon markets involve complex governance challenges, such as ensuring transparency of emissions, facilitating as well as recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems.

This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementation of a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in the implementation of carbon markets.

1. Understanding 'Distributed Ledger Technology' and its potential as a disruptive technology for climate action

Alastair Marke

2. Governing the Carbon Market

Michael A. Mehling

3. Potential interaction between Artificial Intelligence, Internet of Things and DLT

Dessa-nin Ewèdew Awesso, Marco Zolla, and Alastair Marke

4. Emerging technologies and their applicability to solve challenges in the carbon markets: An overview

Alastair Marke, Max Inglis, and Constantine Markides

5. Transition to a DLT-supported governance framework

Clare Reynolds and Nicola Massella

6. DLT and the European Emissions Trading System

Marco Zolla, Alastair Marke, and Michael Mehling