TY - BOOK AU - Betz,Regina Annette TI - The carbon market challenge: preventing abuse through effective governance T2 - Cambridge elements. Elements in earth system governance, SN - 9781009216500 (ebook) AV - HC79.P55 B48 2022 U1 - 363.738/746 23 PY - 2022/// CY - Cambridge PB - Cambridge University Press KW - Carbon offsetting KW - Emissions trading N1 - Title from publisher's bibliographic system (viewed on 12 Sep 2022); Open Access N2 - Carbon markets - both emission trading systems and baseline and credit systems - are an increasingly common policy instrument being introduced to address climate change mitigation. However, their design is crucial to ensure that they deliver cost-effective emission reductions while maintaining environmental integrity. This Element puts together a comprehensive, principle-based overview of the risks and abuses to environmental integrity and cost effectiveness that have emerged for carbon markets at all jurisdictional levels around the world, provides concrete examples, and offers effective policy and governance solutions to overcome such risks. This title is also available as Open Access on Cambridge Core UR - https://doi.org/10.1017/9781009216500 ER -