The international rules on the Kyoto mechanisms / Farhana Yamin -- The EU Greenhouse gas emission allowance trading scheme / Jürgen Lefevere -- Development and implementation of the Kyoto mechanisms world wide. Emissions trading under the Kyoto protocol: how far from the ideal? / Richard Baron and Michel Colombier ; Trading through the flexibility mechanisms: quantifying the size of the Kyoto markets / Odile Blanchard ; Implementation challenges: insights from the EU Emission allowance trading scheme / Fiona Mullins ; Joint implementation and emission trading in central and eastern Europe / Jason Anderson and Rob Bradley ; Implementing the clean development mechanism and emissions trading beyond Europe / Martijn Wilder ; The clean development mechanism: a tool for promoting long-term climate protection and sustainable development? / Mark Kenber ; Determination of baselines and additionality for the CDM: a crucial element of credibility of the climate regime / Axel Michaelowa ; Creating the foundations for host country participation in the CDM: experiences and challenges in CDM building / Axel Michaelowa -- Conclusion: mechanisms, linkages and the direction of the future climate regime / Erik Haites