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European University Institute

Carbon Markets: Examining EU Policies for Transnational Climate Action

European University Institute via FutureLearn

Overview

Understand and evaluate the steps taken to create a climate policy framework

As the impact of climate change continues to affect our planet, it’s imperative that our global community fights to reduce their emissions and live sustainably.

However, many transnational corporations and states have not made a change to reduce their negative impact on the planet.

On this five-week course from the European University Institute (EUI), you’ll assess the EU’s efforts in creating climate policy instruments that enforce global action.

Discover the benefits and challenges of carbon tax and other policy instruments

Climate policy instruments are multifaceted and possess inherent advantages and disadvantages.

You will understand and discuss the different policy instruments created by the EU, such as carbon tax, cap-and-trade, and more. Aided by the experts at the EUI, you’ll be able to critically evaluate each policy’s benefits and challenges.

Apply the EU’s carbon market approach to diverse economies and contexts

Creating climate policy instruments that can benefit and motivate various countries and international economies can prove challenging.

On this course, you’ll apply the EU’s carbon market instruments to other policy contexts and governance levels. Through this exercise, you’ll be able to examine their efficacy in transnational markets.

Define the measures needed to accelerate global climate action with EUI

Sustainability measures are crucial to slowing the progress of climate change, and it’s imperative to set attainable and trackable procedures.

This course is developed and led by experts in the field of international climate policy. With their guidance, you’ll be empowered to identify what steps are needed to ensure global climate action that can change the world.

This course is also available in Spanish, Portuguese, French and Chinese.

This course is ideal for policy-makers or practitioners working in the area of climate governance and carbon markets, and will be suitable for newcomers to the field.

Syllabus

  • A Multilateral Approach to Climate Policy and the Many Instruments of the EU
    • Course Overview
    • International Climate Policy
    • EU Climate Strategies and Targets
    • EU Climate Policy Instruments
    • The Effort Sharing Mechanism
    • G20 Spotlight
    • Final Test and Further Resources
  • The EU Emissions Trading System
    • Introduction
    • Introduction to the ETS
    • The Functioning of the ETS
    • Voluntary Carbon Markets
    • Spotlight on G20
    • Final Test and Further Resources
  • Carbon Pricing and the EU Transport Sector
    • Introduction
    • Road Transport Sector
    • Aviation and Shipping Sectors
    • Spotlight on G20
    • Final Test and Further Resources
  • Carbon Pricing and the Energy Sector
    • Introduction
    • Renewables
    • Energy Efficiency
    • Spotlight on G20
    • Final Test and Further Resources
  • Financing the Transition to a Low-Carbon Economy
    • Introduction
    • Why do we need sustainable finance?
    • What's next in sustainable finance?
    • Spotlight on G20
    • Final Test and Further Resources

Taught by

Maria Kottari

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4.2 rating at FutureLearn based on 5 ratings

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