TITLE

Institutional Mechanisms to Address the AAU Reserves in a Post-2012 Agreement

AUTHOR(S)
Averchenkov, Alexander; Averchenkova, Alina
PUB. DATE
December 2009
SOURCE
Carbon & Climate Law Review;2009, Vol. 3 Issue 3, p280
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Russia, Ukraine, Poland, and some other countries will have large surpluses of Assigned Amount Units (AAUs) in the first commitment period of the Kyoto Protocol (2008-2012). This is likely to emerge as one of the central challenges during the post-2012 negotiations. This article proposes a mechanism for addressing the issue through an International AAU Reserve Fund that would facilitate acceptance of more stringent emission reduction commitments by the developed countries post-2012 based on the AAUs reserve accumulated pre-2012.
ACCESSION #
66947807

 

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