Jump to ContentJump to Main Navigation
Capital and the Common GoodHow Innovative Finance is Tackling the World's Most Urgent Problems$
Users without a subscription are not able to see the full content.

Georgia Levenson Keohane

Print publication date: 2016

Print ISBN-13: 9780231178020

Published to Columbia Scholarship Online: September 2017

DOI: 10.7312/columbia/9780231178020.001.0001

Show Summary Details

REDD Forests, Green Bonds, and the Price of Carbon

REDD Forests, Green Bonds, and the Price of Carbon

Chapter:
(p.25) 1 REDD Forests, Green Bonds, and the Price of Carbon
Source:
Capital and the Common Good
Author(s):

Georgia Levenson Keohane

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231178020.003.0002

Climate change is not only among the most urgent problems covered, but is inherently interconnected with every other social and economic challenge that this book addresses. This chapter investigates the power of price signals when it comes to pollution and architecture and power of tradable emission schemes. It then examines two examples of innovation in climate finance that have evolved in spite of the delay in the development of a global market for carbon. REDD—Reduction in Emissions from Deforestation and Forest Degradation—shows the potential of pay-for-success partnerships to reduce the destruction of rainforests and carbon emissions, though still in need of scale. In contrast green bonds have experienced tremendous growth, but lack any tight green definitions, a quantity-versus-quality conundrum we revisit throughout the book.

Keywords:   Climate Change, Price signals, Carbon market, REDD, Carbon emissions

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .