Carbon Pricing Mechanisms

Programme Structure

The topics covered are:

• Introduction to carbon pricing mechanisms
• The evolution of carbon pricing mechanisms
• Principles of emissions trading schemes
• Principles of carbon taxes
• Principles of offsetting mechanisms
• Analysing the effectiveness of carbon pricing mechanisms

• Further orientation on carbon pricing

After completing this course, participants should be able to:

• comprehend the rationale for economic instruments in the context of climate change (carbon pricing mechanisms);
• explain major historical developments in carbon pricing and illustrate the global landscape of carbon pricing mechanisms;
• understand and explain the different basic design features and principles of carbon pricing mechanisms (e.g. carbon tax and emission trading schemes, offsetting mechanisms);
• discuss major barriers to, key success factors of, and prospects for carbon pricing mechanisms in the economy and energy projects; and