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The network examines the instruments of environmental policy in the various Member States and in the EU, in order to enhance the scientific knowledge of the functioning and effectiveness of various types of environmental policy in Europe and to promote the development and implementation of other instruments to complement or supplement current legislation.

The network will examine the instruments of environmental policy in the various Member States and in the EC, in order to enhance the scientific knowledge on the functioning and effectiveness of various types of environmental policy in Europe and to promote the development and implementation of other instruments to complement or supplement current legislation.

Firstly, a comprehensive analysis of the environmental dimension and the socio-economic impact of marketable rights, joint implementation mechanisms and fiscal instruments will be carried out. Secondly, models for their efficient and effective implementation will be developed. Finally, policy recommendations for the shaping of such instruments in concrete legislative measures will be elaborated. The US experience will be used throughout as a point of reference.

As a training network, EEP intends to promote the mobility of researchers and the development of an interdisciplinary approach to research and environmental policy, thus contributing to the high quality training of young researchers in human sciences.

The project co-ordinator is the Johann Wolfgang Goethe-Universität Frankfurt am Main (U Frank-FSUR), Germany. FEEM is responsible with CIRED for the economic evaluation of the instruments of climate change and air pollution policies.