Pt. I. Experience and lessons from emissions trading and project-based mechanisms in developing and transition countries: Implementing SO2 emissions trading in China / Yang Jintian ... [et al.]. The state of development of national clean development mechanism offices in Central and South America / Liana Morera, Olga Cabeza and Thomas Black-Arbeláez. Establishing a national authority for the clean development mechanism: the Costa Rican experience / Paulo Manso. Implementing Kyoto-type flexibility mechanisms for India: problems and prospects / Shreekant Gupta. Choosing environmental policy instruments in the real world / Ruth Greenspan Bell. Building institutions to address air pollution in developing countries: the cap and trade approach / Joe Kruger, Katherine Grover, and Jeremy Schreifels -- Pt. II. Tradeable permits in the policy mix and harmonisation of emissions trading schemes: Harmonisation between national and international tradeable permit schemes / Erik Haites. Efficient and effective use of tradeable permits in combination with other policy instruments / Nick Johnstone. Turning an early start into a false start: implications of the EU emissions trading directive for the UK climate change levy and climate change agreements / Steve Sorrell -- Pt. III. Transition issues and areas for further work: on carbon prices and volumes in the evolving 'Kyoto market' / Michael Grubb. Political economy of tradeable permits: competitiveness, co-operation and market power / Frank J. Convery ... [et al.]. Monitoring, accounting and enforcement in emissions trading regimes / Sonja Peterson -- Pt. IV. Summary: Experience with greenhouse gas emissions trading and project-based mechanisms in OECD and non-OECD countries / Stephen Bygrave

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