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The book principally addresses climate change and describes the remedial strategies for developing countries based on the 'Clean Development Mechanism' of the 'Kyoto Protocol'. It provides a very comprehensive account of the array of proposals and economic instruments devised by the international community - including the Joint Implementation and Emissions Trading initiatives of the Protocol - to abate global warming. The effects of other major atmospheric, land and water pollutants from industries and domestic sources are also covered.
Introduction, Overview, How to use this book.- Global Warming.- Kyoto Protocol: Three main "pillars".- Institutional Issues.- Global emissions of carbon dioxide: CDM countries.- Clean Development Mechanism: Country-by-country survey.- Baseline, Equitable Treatment, Discount rate.- Cost-benefit analysis of C02 reduction technologies, fossil fuel and renewable energy.- Emissions Trading: Risk management and financial markets.- Conclusions.- Appendices.