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The Future of Carbon Market Institutions in the Paris Era

パリ時代における炭素市場制度の未来 (AI 翻訳)

Jihyung Joo, Jouni Paavola, James Van Alstine

ジャーナル2026-05-08#炭素価格Origin: Global
DOI: 10.4324/9781003583813-13
原典: https://doi.org/10.4324/9781003583813-13

🤖 gxceed AI 要約

日本語

炭素市場は京都議定書以降の主要な気候政策だが、パリ協定後の制度進化は十分に議論されていない。本論文は、COP交渉におけるArticle 6の議論を事例に、競争力維持の旧来の言説と気候緊急事態への新たな言説の衝突を分析。パリ時代のハイブリッドな気候制度は気候緊急事態に対応できず、根強い競争言説が変革を阻害していると結論づける。

English

This chapter examines the institutional evolution of carbon markets in the Paris era, focusing on the clash between the old discourse of economic competitiveness and the new climate emergency discourse in Article 6 negotiations. It finds that hybrid institutions and fragmented markets fail to align with the urgency of climate change, as entrenched competitive norms limit radical change.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

日本はパリ協定第6条の交渉に積極的に関与し、二国間クレジット制度（JCM）を推進する。本論文の制度分析は、日本の炭素市場設計が競争力維持の言説にどの程度影響されているかを示唆し、より野心的な制度設計への示唆を与える。

In the global GX context

This paper offers a critical institutional perspective on global carbon markets, relevant for understanding the slow progress in Article 6 implementation. It highlights how path dependence and power dynamics impede the shift from market competition to collaboration, a key issue for international climate policy.

👥 読者別の含意

🔬研究者:Provides a framework for analyzing institutional change in carbon markets, useful for scholars of climate governance and policy.

🏢実務担当者:Offers insights into the discursive and power dynamics that shape carbon market rules, informing corporate and institutional strategy.

🏛政策担当者:Highlights the need to overcome entrenched competitiveness discourse to align market mechanisms with climate emergency goals.

📄 Abstract（原文）

Carbon markets have been the flagship policy to mitigate greenhouse gas emissions since the Kyoto Protocol in 1997. However, limited attention has been given to how carbon markets have evolved as institutions, especially in light of the shifting discourses and power dynamics following the Paris Agreement in 2015. Here, institutions refer to formal and informal rules that shape policies. This chapter examines the process of institutional change related to global climate policy and carbon markets, shedding new light on the dynamics of actors, their discourse, and powers. The UNFCCC Conference of Parties (COP) negotiations over Article 6 of the Paris Agreement on market mechanisms exemplifies the clash between the old discourse of maintaining economic competitiveness and the newer discourse to address the climate emergency. Our findings illustrate how hybrid climate institutions and fragmented carbon markets of the Paris era fail to align with the climate emergency discourse. The institutions are entrenched in sustaining discourse on maintaining competitiveness, their ideational power, and broader contexts, limiting radical change. We suggest that our climate futures should envision future carbon markets based on new institutions that prioritise sharing and collaboration over competition to address climate emergency.

🔗 Provenance — このレコードを発見したソース

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