03 Oct 2014

The Framework for Various Approaches and the New Market Mechanism

Andrei Marcu

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In its conclusions in June 2014, the 40th session of the Subsidiary Body for Scientific and Technological Advice (SBSTA 40) invited submissions on the Framework for Various Approaches (FVA), New Market Mechanism (NMM) and Non Market Approaches (NMA) by 22 September 2014. This document is the submission by the Centre from European Policy Studies (CEPS) in response to that invitation, and covers both FVA and NMM.

Andrei Marcu is Senior Advisor and Head of the CEPS Carbon Market Forum.