The Role of Sustainable Land Management for Climate ... - CAADP
The Role of Sustainable Land Management for Climate ... - CAADP
The Role of Sustainable Land Management for Climate ... - CAADP
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Table 4-1. Carbon markets, volumes, and values<br />
Scheme<br />
Allowances<br />
EU Emissions Trading<br />
Scheme<br />
New South Wales<br />
Greenhouse Gas<br />
Abatement Scheme<br />
Chicago <strong>Climate</strong><br />
Exchange<br />
UK Emissions Trading<br />
System<br />
Volume<br />
(MtCO2e)<br />
2005 2006 2007<br />
Value Volume Value Volume<br />
(MUS$) (MtCO2e) (MUS$) (MtCO2e)<br />
Value<br />
(MUS$)<br />
324 8,204 1,104 24,436 2,061 50,097<br />
6 59 20 225 25 224<br />
1 3 10 38 23 72<br />
0 1 NA NA NA NA<br />
Subtotal 332 8,268 1,134 24,699 2,109 50,394<br />
Project-based transactions<br />
Clean Development<br />
Mechanism<br />
359 2,651 562 6,249 791 12,877<br />
Joint Implementation 21 101 16 141 41 499<br />
Other compliance and 5 37 33 146 42 265<br />
voluntary transactions<br />
- Voluntary “over the<br />
14 59 42 259<br />
counter” (OTC) market 21<br />
Subtotal 384 2,789 611 6,536 874 13,641<br />
TOTAL 717 11,057 1,745 31,235 2,983 64,035<br />
Sources: Capoor and Ambrosi (2007) and (2008)<br />
Note: MtCO2e = million tons <strong>of</strong> carbon dioxide or equivalent<br />
MUS$ = million U.S. dollars<br />
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21 Source: Hamilton, et al. (2008)!<br />
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