Karsten Neuhoff

Benchmarks within emissions trading schemes are used to determine the level of free allocation of permits to sectors at the risk of carbon leakage. This paper analyses how the design of such benchmarks can impact on firms’ production decisions and create efficient incentives for production and technology choices. Read more

This report proposes a ‘climate contribution’ as a practical, WTO-compliant solution to address carbon leakage risk, ensure investment stability, and support industrial decarbonisation in the face of global policy fragmentation. Read more