"Market Mechanisms in a Post-Durban International Climate Regime" Side-event Panel at COP-18, Doha, Qatar, Dec. 3, 2012
Robert Stowe Photo
Harvard Project Conducts Highly Successful Side-Event at COP-18
December 13, 2012
Author: Robert C. Stowe, Executive Director, Harvard Environmental Economics Program; Manager, Harvard Project on Climate Agreements
Belfer Center Programs or Projects: Harvard Project on Climate Agreements
The Harvard Project on Climate Agreements hosted an official side-event at the Eighteenth Conference of the Parties (COP-18) of the United Nations Framework Convention on Climate Change (UNFCCC) in Doha, Qatar on December 3, 2012. The event was titled "Market Mechanisms in a Post-Durban International Climate Regime." Participants assessed the design and potential role of "new market mechanisms" (NMM) in the Kyoto Protocol second commitment period, Copenhagen/Cancun regime, and a new arrangement arising from the Durban-Platform process. The event was co-hosted by the Enel Foundation and the International Emissions Trading Association (IETA). Speakers were:
- René Castro Salazar, Minister of Environment, Energy, and Telecommunications, Government of the Republic of Costa Rica
- David Hone, Chairman of the Board of Directors, IETA and Senior Climate Change Advisor, Shell
- Axel Michaelowa, Head of International Climate Policy Research, Center for Comparative and International Studies, University of Zurich, and Senior Founding Partner of the consultancy, Perspectives
- Simone Mori, Executive Vice President of Regulation, Environment, and Innovation, and Head of Carbon Strategy, Enel
- Robert Stavins, Albert Pratt Professor of Business and Government, Harvard Kennedy School, and Director of the Harvard Project
The presentations were based in part on a Harvard Project Discussion Paper by Dr. Michaelowa, "Can New Market Mechanisms Mobilize Emissions Reductions from the Private Sector?" David Hone also provided a background paper titled "Establishing a Global Carbon Market: A Discussion on Linking Various Approaches to Create a Global Market." This is attached as a PDF at the bottom of this page.
Attendance was extraordinary, relative to most side-events at COP-18. A standing-room only (and overflowing-into-the–hallway!) crowd numbered about 250. (See accompanying photo.)
The speakers' presentations, as well as David Hone's background paper, may be downloaded below.
- Full text of "Establishing a Global Carbon Market" (639K PDF)
- "Thoughts on a New Market Mechanism" (David Hone) (2.1 MB PDF)
- "Can New Market Mechanisms Mobilize Emission Reductions from the Private Sector?" (Axel Michaelowa) (612K PDF)
- "New Market Mechanisms to Mobilize Private Sector Engagement" (Simone Mori) (514K PDF)
- "Market Mechanisms in a Post-Durban International Climate Regime (Robert Stavins) (157K PDF)
For more information about this publication please contact the Harvard Project on Climate Agreements Coordinator at 617-496-8054.
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