WBI Course Promotes Learning on Emissions Trading Systems

1 October 2013. In order to enhance global greenhouse gas (GHG) mitigation efforts, countries are exploring innovative approaches to scale-up emissions reductions and foster private sector investment in mitigation technologies. Economic instruments, such as emissions trading schemes and carbon taxes, can help to achieve domestic emission reduction goals and targets in a cost-effective way as well as encourage innovation and investment in clean technologies. In order to educate decision-makers, policy leaders and development practitioners engaged on climate policy formulation and implementation on Emissions Trading Systems (ETS), the World Bank Institute, in collaboration with the Partnership for Market Readiness, offers a new E-learning Course on Emissions Trading Systems: Using Markets to Promote Low Emissions Development to be delivered from 08 October 2013 to 05 November 2013. 

The course provides an overview of the theory and practice of Emissions Trading Systems. The overall objective is to inform policy planners and climate change practitioners on the rationale behind emissions trading, how emissions trading schemes work, their key design elements, and the key roles and decisions affecting emissions-trading governance.

This course provides practical knowledge and skills to:

  • Appreciate the rationale for using market-based instruments in the context of GHG mitigation;
  • Understand the key principles and design elements for emissions trading schemes;
  • Discuss critically the important trade-offs inherent in ETS design and governance;
  • Learn from design and implementation experiences of existing emissions trading schemes around the world.

This course is divided into 2 modules. Each module contains three lessons embedded in multimedia presentations, exercises and quizzes. Completion of each module requires about 120 minutes. The modules focus on:

Module 1 – ETS Objectives, Context, Economics & Readiness 

This module aims to equip students with a basic of understanding of how emissions trading works, how it compares to other policy instruments in theory and practice, and which questions and factors policy-makers must consider in the process of designing an Emissions Trading Scheme. 

Module 2 – ETS Design and Governance 

This module aims to equip students with an understanding of basic and advanced issues related to the design, implementation, and governance of emissions trading schemes. 

For further information, please contact Amanda Jerneck (wbicc@worldbank.org) or visit: http://einstitute.worldbank.org/ei/course/emissions-trading-schemes-using-markets-promote-low-emissions-development.