Multivariate Analysis of a Time Series EU ETS: Methods and Applications in Carbon Finance

Abstract

Climate Change (CC) is a major issue of our century. Controlling the constraints of Greenhouse Gas (GHG) emissions through transformation into opportunities (Wettestad and Skjaerseth, 2007), in an organization to increase industrial production, has become a necessity. The main reason for this adoption was the effectiveness of energy management and responsible linkages that are being developed to determine the issues and opportunities of carbon finance for organizations. This article is part of the 21st Conference of the Parties 2015 (COP21) of the United Nations Framework Convention on Climate Change (UNFCCC) in France in Paris. In this regard, it is the ultimate opportunity to present an accurate diagnosis of GHG emissions quantification and a holistic review of Climate Change (CC) recommendations. This scientific contribution was, in fact, a natural extension of the 22nd Conference of the Parties (COP22) hosted by the Kingdom of Morocco in Marrakech in 2016. Indeed, COP21 and COP22 Are two crucial deadlines, since they must lead to a new international agreement on climate, applicable to all countries, with the objective of keeping global warming below 2 ° C. This article aims to analyze and study the performance of Carbon Finance in the EU Sustainable Finance Business Emissions Trading Scheme (EU ETS). We will develop our quantitative methodology for the econometric study of the EU Emissions Trading Scheme (EU ETS) for both phases [

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