Learning by Doing in Global Carbon Markets: Making a Virtue out of Vice

Learning by doing (LBD) has been a familiar refrain in the development
of the EU's climate change policy, especially its emissions trading scheme (ETS). Initially deployed to describe an interim period of experimentation, with the ongoing ineffectiveness of European climate policy the term risks being used to mask policy failings, making a virtue of vice by deferring the delivery of a successful climate change policy.

This one day workshop explored the concept of LBD in a thoroughgoing fashion, and considered its implication for climate governance in the EU and beyond.