Climate finance provides the means to the implementation of projects, carbon pricing provides the incentive to mobilize the most “cost-effective” mitigation options. Carbon pricing can be a source of climate finance: with emissions trading through the auctioning of allowances, with carbon tax through tax levied, revenues raised can be used for adaptation and/or mitigation activities.
The objective of this course is to provide a solid foundation on carbon market and carbon finance from a multiple perspective.
- Global climate change, UN processes and emergence of carbon market and climate finance
- Type, nature and diversity of carbon markets
- Compliance carbon markets: Experiences, design features, trends and outcomes (Emission trading and carbon tax)
- Voluntary (unregulated) carbon markets, including internal carbon pricing in corporate sector
- Emerging carbon markets issue and opportunities, such as bilateral market, Paris Agreement Article 6.2, ICAO, IMO, REDD+
- Climate investment needs assessment
- Global architecture of climate finance (public, private, funding sources, mechanism beneficiaries, sectors, financial instruments, key institutions)
- Climate financing mechanisms at national scales.
- Future outlook
Date: 2 – 13 October 2023
Venue: AIT Campus
For more information and registration please visit https://extension.ait.ac.th/course/carbon-markets-and-climate-finance