This report presents a summary of what has been learnt through the third round of consultations, interviews and questionnaire surveys with policymakers and climate policy researchers across the Asia-Pacific region. It considers how sectoral approaches can be integrated in the future climate regime by looking at institutional and operational issues from an Asian perspective. It examines incentive structures and the political feasibility of selected proposals on technology cooperation.

Market mechanisms are increasingly being considered as a tool for allocating somewhat scarce but unpriced rights and resources, such as air and water. Tradable permits have emerged as the most cost--effective measure leading to the emergence of both nationwide (SO2) and supranational (CO2) emission permits markets. By means of the dynamic optimization of companies which are covered by such environmental regulations, it develop an endogenous model for the emission permit spot price dynamics that account also for the presence of asymmetric information.

This report assesses the contribution of the CDM to meeting its environmental and sustainable development objectives and provides recommendations for improving the

This paper presents three case studies of Ukrainian Joint Implementation (JI) projects. The analysis is based on interviews with project stakeholders and public presentations of the case projects. The main questions in focus are: what are the typical JI projects in Ukraine?; what similarities and differences are there between the case projects?; how has the financing of the projects been arranged?; have they been implemented, and how long did it take to launch a project?; and have the same problems or barriers been experienced in all cases?

This handbook is based on the results an EU Asia Pro Eco co-funded project "CURB-AIR: CDM and urban air pollution: partnerships enhancing synergies in urban air and health in Kyoto mechanisms'. The CURB-AIR project intends to pave the way for projects that both improve air quality and reduce greenhouse gases emissions. The handbook aims to be a guide for policymakers, civil servants and anyone who is interested in the issue of CDM, urban air pollution and climate change.