Linking compliance and voluntary carbon markets

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Bibliographic Details
Main Author: Fehér Petra Regina
Other Authors: Andrási Dr. Gábor
Szegedi Dr. Krisztina
Format: Thesis
Kulcsszavak:carbon credit
carbon market
carbon offset
net-zero
Paris Agreement
Online Access:http://dolgozattar.uni-bge.hu/41656
Description
Abstract:The thesis sets the target of giving a picture about the past, the present and the future of carbon markets. Since the introduction of the concept, two types of carbon markets emerged: compliance markets and voluntary markets. Both have been proliferating in the past years, but the lack of comprehensive regulation hindered the progress. The COP 26 resulted in the Glasgow Rulebook, which paves a new path for carbon markets, making trade between countries and private entities possible. The thesis reviews existing initiatives to expand carbon markets and suggests a model which would make this link happen, with solutions to problems mentioned by the academic literature.