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- Herausgeber: Cervantes Digital
- Kategorie: Wissenschaft und neue Technologien
- Sprache: Englisch
- Veröffentlichungsjahr: 2023
Uncover the captivating world of 'Carbon Markets' a groundbreaking book that takes you on an exhilarating journey through the dynamic landscape of environmental sustainability. In a time when the world's attention is focused on climate action, this book offers an unparalleled insight into the innovative realm of Carbon Markets and their pivotal role in shaping our planet's future.
Step into the shoes of a modern explorer as you navigate through the intricate mechanisms that underpin Carbon Markets. With a blend of expert analysis and real-world case studies, this book demystifies the complexities of carbon pricing, emissions trading, and the remarkable impact they have on mitigating climate change.
From the boardrooms of corporations to the halls of policy-making, 'Carbon Markets' unveils the stories of pioneers who are at the forefront of this green revolution. Discover how these visionaries are not only championing sustainability but also revolutionizing economies and paving the way for a more resilient, carbon-neutral world.
Through vivid storytelling and accessible explanations, 'Carbon Markets' equips you with the knowledge to understand the carbon market's intricate mechanisms. Explore the art of turning emissions reductions into valuable commodities, learn how businesses are capitalizing on carbon credits, and witness how governments are using market incentives to drive environmental change.
But this book is more than just an exploration of environmental economics—it's a call to action. Discover how you, too, can be a part of this global movement towards a sustainable future. Whether you're an industry expert or a concerned citizen, 'Carbon Markets' will empower you to make informed decisions that drive positive change on a global scale.
Join us on this transformative journey, where insight meets inspiration, and where the pages of 'Carbon Markets' become your gateway to a greener, more prosperous world. This is your invitation to understand, engage, and shape the future of sustainability through the power of Carbon Markets.
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Copyright 2023
Cervantes Digital
All rights reserved
Table of Contents
Chapter 1: Forests as Carbon Sinks and Climate Change Mitigators
Chapter 2: The Emergence of the Carbon Market
Chapter 3: Reforestation and Carbon Sequestration
Chapter 4: Carbon Sequestration in Forest Ecosystems
Chapter 5: Carbon Markets and Trading Mechanisms
Chapter 6: The Emergence of Carbon Offset Projects and REDD+
Chapter 7: The Carbon Market and Market Mechanisms
Chapter 8: Carbon Credits and Project-Based Mechanisms
Chapter 9: Carbon Market Regulation and Governance
Chapter 10: Carbon Market Future and Prospects
Annex A. List of verification organizations.
Annex B. Types of Investors.
Annex C. Main Carbon Markets.
Chapter 1: Forests as Carbon Sinks and Climate Change Mitigators
Forests play a pivotal role in the global carbon cycle, serving as significant carbon sinks and critical agents for mitigating climate change. This chapter explores the scientific underpinnings of forests' capacity to sequester carbon and contribute to climate change mitigation strategies.
Forest Carbon Sequestration Mechanisms: Forests capture and store carbon dioxide through the process of photosynthesis. Trees absorb atmospheric CO2, converting it into biomass while releasing oxygen. This process, coupled with carbon storage in soils and woody materials, effectively removes carbon from the atmosphere.
Carbon Sequestration Rates Across Biomes: Different forest biomes exhibit varying rates of carbon sequestration due to factors such as species composition, growth rates, and environmental conditions. For instance, tropical forests sequester 4 to 7 tonnes of CO2 per hectare per year, while temperate forests sequester 2 to 5 tonnes, and boreal forests sequester 1 to 3 tonnes.
The Role of Reforestation and Afforestation: Reforestation and afforestation initiatives are vital for enhancing carbon sequestration. Reforestation involves restoring forests on previously deforested land, while afforestation entails planting trees in areas that were not historically forested. These efforts contribute to carbon sequestration, habitat restoration, and biodiversity conservation.
Forest Management Practices: Sustainable forest management practices can optimize carbon sequestration. Thinning, which involves selectively removing trees, can enhance forest health and growth, while minimizing carbon loss through natural mortality.
Case Study: The Amazon Rainforest: The Amazon rainforest, often referred to as the "lungs of the Earth," is a critical carbon sink. Its vast biomass stores immense amounts of carbon, but deforestation threatens its capacity to sequester carbon. Efforts to curb deforestation and promote sustainable land use are essential for preserving this vital ecosystem.
Synergies Between Forest Conservation and Climate Goals: Forests offer co-benefits beyond carbon sequestration, including biodiversity preservation, watershed protection, and sustainable livelihoods. These co-benefits reinforce the importance of forest conservation in climate change mitigation.
Conclusion: The scientific evidence underscores the crucial role of forests in mitigating climate change by sequestering carbon. Reforestation, afforestation, and sustainable forest management are essential strategies for enhancing carbon sinks and contributing to global climate goals.
Chapter 2: The Emergence of the Carbon Market
Introduction: The Emergence of the Carbon Market
The modern carbon market has its roots in international efforts to combat climate change and reduce greenhouse gas emissions. It represents a significant shift in environmental policy, promoting market-based mechanisms to incentivize emission reductions and encourage sustainable practices. This chapter delves into the origins, mechanisms, and evolution of the carbon market, exploring its role in driving climate action and fostering a low-carbon economy.
The Kyoto Protocol and the Birth of Carbon Trading: The Kyoto Protocol, adopted in 1997 and implemented in 2005, marked a landmark international agreement aimed at reducing greenhouse gas emissions. It introduced the concept of carbon trading, allowing countries with emission reduction commitments to meet their targets by purchasing carbon credits from countries that exceeded their targets. This concept laid the foundation for the carbon market, creating a platform for the buying and selling of carbon credits as a way to achieve emission reduction goals.
Mechanisms of the Carbon Market: The carbon market operates through various mechanisms, each designed to facilitate emission reductions and promote sustainable practices:
1. Cap-and-Trade Systems: Cap-and-trade systems, also known as emissions trading systems (ETS), impose a limit (cap) on total allowable emissions and allocate allowances to participating entities. Entities that emit fewer emissions than their allowances can sell the surplus allowances to those exceeding their limits. The European Union Emissions Trading System (EU ETS) is one of the most prominent cap-and-trade systems globally.
2. Clean Development Mechanism (CDM): Established under the Kyoto Protocol, the CDM allows developed countries to invest in emission reduction projects in developing countries as a way to earn Certified Emission Reductions (CERs). These CERs can be used to meet part of the developed countries' emission reduction targets.
