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Fraud and Carbon Markets - The Carbon Connection (Paperback)
Loot Price: R1,631
Discovery Miles 16 310
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Fraud and Carbon Markets - The Carbon Connection (Paperback)
Series: Environmental Market Insights
Expected to ship within 12 - 17 working days
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The VAT Carousel Fraud has seriously undermined the financial
integrity of the European Union Emissions Trading Scheme (EU ETS).
This timely book is the first to give an overview of fraud in the
carbon market. Written by a former broker, it presents unique
material on the carbon fraud mechanics and analyses the missing
trader fraud (VAT fraud) on European carbon allowances markets with
a focus on financial and organised crime issues. Fraud and Carbon
Markets: The Carbon Connection assesses the weaknesses of the Kyoto
Protocol and environmental markets, using statistics as a forensic
tool on the capital markets. It describes specific cases, the court
investigations and various mechanisms. It addresses issues of money
laundering and international fraud on capital markets, such as
stock manipulation, by exploring the financial mechanisms of the
fraud, their impact on the market behaviour and the consequences on
their econometric features. Researchers and students in climate
change policy, environmental finance, financial law, organised
crime, forensic statistics, financial regulation and risk
management as well as financial regulators and policy makers will
find this book of great interest.
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