The book "Economics and Management of Climate Change" offers a comprehensive analysis of the challenges that climate change poses for societies and businesses. It brings together the expertise of international scholars from the fields of environmental economics, political science, and business administration to describe and assess the risks of climate change. The authors discuss strategies for mitigating these risks, with a particular focus on the role of emissions trading and the Clean Development Mechanism (CDM). A central concern of the book is to examine the impacts of climate change on various economic sectors and to highlight the measures that can be taken to adapt to these risks. By combining theoretical approaches with practical examples, the book provides valuable insights for decision-makers in business and politics.