Compliance (Regulatory) Market
Definition
The market for carbon credits used to reach emissions targets under a regulatory regime.
Source
"Definitions and Jargon" Reducing Emissions from Deforestation and Degradation (REDD): A Casebook of On-the-Ground Experience. 2010. The Nature Conservancy, Conservation International and Wildlife Conservation Society. Arlington, Virginia. http://www.hedon.info/docs/REDD_Casebook-TNC-CIWCS.pdf
Alternative definition
A type of carbon market which is regulated by mandatory carbon regimes on the national, regional or international level.
Alternative source