Fraud and Carbon Markets by Marius-Christian Frunza
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Fraud and Carbon Markets

Fraud and Carbon Markets


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About the Book

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.


About the Author:

Marius-Christian Frunza is an Associate Professor at Dauphine and Sorbonne University, France, and an environmental markets advisor with Schwarzthal Kapital.


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Product Details
  • ISBN-13: 9780415657013
  • Publisher: Routledge
  • Publisher Imprint: Routledge
  • Depth: 19
  • Language: English
  • Returnable: N
  • Spine Width: 13 mm
  • Weight: 508 gr
  • ISBN-10: 0415657016
  • Publisher Date: 09 Apr 2013
  • Binding: Hardback
  • Height: 234 mm
  • No of Pages: 198
  • Series Title: Environmental Market Insights
  • Sub Title: The carbon connection
  • Width: 156 mm


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