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State and Trends of the Carbon Market 2010

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  • Alexandre Kossoy
  • Philippe Ambrosi

Abstract

The carbon market endured its most challenging year to date in 2009. The global economic crisis, which started in late 2008 and intensified early in 2009, negatively impacted both the demand and supply sides of the market. As industrial output plummeted the demand for carbon assets fell. Yet even as global GDP declined by 0.6 percent in 2009, and at a more perilous rate of 3.2 percent in industrialized economies, the carbon market demonstrated resilience. The total value of the market grew 6 percent to US$144 billion ( 103 billion) by year s end with 8.7 billion tons of carbon dioxide equivalent (tCO2e) trade.

Suggested Citation

  • Alexandre Kossoy & Philippe Ambrosi, "undated". "State and Trends of the Carbon Market 2010," World Bank Other Operational Studies 13401, The World Bank.
  • Handle: RePEc:wbk:wboper:13401
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    References listed on IDEAS

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    Cited by:

    1. J. Hourcade & B. Perrissin Fabert & J. Rozenberg, 2012. "Venturing into uncharted financial waters: an essay on climate-friendly finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 12(2), pages 165-186, May.
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    7. Hübler, Michael & Baumstark, Lavinia & Leimbach, Marian & Edenhofer, Ottmar & Bauer, Nico, 2012. "An integrated assessment model with endogenous growth," Ecological Economics, Elsevier, vol. 83(C), pages 118-131.
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    9. repec:eee:ecomod:v:223:y:2011:i:1:p:81-90 is not listed on IDEAS
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    16. Ari, İzzet, 2013. "Voluntary emission trading potential of Turkey," Energy Policy, Elsevier, vol. 62(C), pages 910-919.
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    18. Lederer, Markus, 2011. "From CDM to REDD+ -- What do we know for setting up effective and legitimate carbon governance?," Ecological Economics, Elsevier, vol. 70(11), pages 1900-1907, September.
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    22. World Bank, 2012. "Carbon Livelihoods : Social Opportunities and Risks of Carbon Finance," World Bank Other Operational Studies 18369, The World Bank.
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