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Governing carbon markets with distributed ledger technology



Carbon markets involve complex governance challenges, such as ensuring emissions' transparency, facilitating and recording transactions, overseeing market activity and preventing abuse. Conventionally, these have been addressed with a combination of regulatory, procedural and technical structures that impose significant burdens on market participants and administrators while remaining vulnerable to system shocks and illicit practices. Distributed Ledger Technology (DLT) has the potential to address these problems. This volume offers the first book-length exploration of how carbon markets can be governed using DLT, offering conceptual and theoretical analysis, practical case studies, and a roadmap for implementing a DLT-based architecture in major existing and emerging carbon markets. It surveys existing expertise on distributed ledger technology, provides progress updates from industry professionals, and shows how this technology could offer a cost-effective and sustainable solution to double-counting and other governance concerns identified as major challenges in implementing carbon markets.


Availability

2022-204344.04 MAR GPurnomo Yusgiantoro Center LibraryAvailable

Detail Information

Series Title
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Call Number
344.04 MAR G
Publisher Cambridge University Press : Cambridge.,
Collation
xxx, 186 hlm. ; 24 cm
Language
English
ISBN/ISSN
978-1-108-84356-0
Classification
344.04
Content Type
-
Media Type
-
Carrier Type
-
Edition
-
Subject(s)
Specific Detail Info
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Statement of Responsibility

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