Since the Rio 'Earth' Summit of 1992, sustainable development has become the major policy response to tackling global environmental degradation, from climate change to loss of biodiversity and deforestation. Market instruments such as emissions trading, payments for ecosystem services and timber certification have become the main mechanisms for financing the sustainable management of the earth's natural resources. Yet how effective are they - and do they help the planet and developing countries, or merely uphold the economic status quo? This book investigates these important questions.

Business, Organized Labour and Climate Policy examines the current lack of effective action in bridging the gap between climate change goals and governmental policies. With little published about the role of employers' organizations and trade unions in the climate change policy process, this book evaluates their involvement and argues that labour market considerations should be a central element of climate change policy. The study applies ecological modernization theory as a framework to guide policy development and negotiation. Application of the framework finds that employers'...