How can Voluntary Environmental Programs be used as policy instruments for greenhouse gas emission reduction in developing countries? : Evidence from Brazil, India and Vietnam
During the last decade, international and national instruments have been set in order to mitigate climate change and thus reduce GHG emissions. At an international level, such policies have been translated into market-based instruments such as cap-and-trade schemes.
Experts have emphasized that climate change cannot be tackled unless a combination of different policy instruments is applied. Therefore, a combination of financial incentives and voluntary approaches is needed.
This report investigates how voluntary environmental programs can be a feasible complementary policy tool for greenhouse gases emission reduction in developing countries. It investigates drivers for the success or failure in three cases of developing countries: Brazil, India and Vietnam