The WTO, Carbon Finance, and China: Does International Cooperation in Carbon Financial Regulation Need to Be Strengthened?
GLOBAL CHALLENGES AT THE INTERSECTION OF TRADE, ENERGY AND THE ENVIRONMENT, Joost Pauwelyn, ed., Centre for Trade and Economic Integration, the Graduate Institute of International and Development Studies, and Centre for Economic Policy Research (CEPR), 2010
Posted: 10 Oct 2010
Date Written: October 8, 2010
This chapter analyzes legal problems of carbon finance and China from the perspective of WTO law. The scope, participants and risks of carbon finance are firstly analyzed. It then reviews the practice of carbon finance in China. It is argued that international cooperation in carbon financial regulation needs to be strengthened. The chapter finally explores key issues that negotiators may encounter in making new or improved rules on energy governance.
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