Recent contributions to the theoretical and experimental literature suggest that minimum participation rules (MPRs) are able to reduce free-riding incentives and may facilitate cooperation (or at least coordination) at the extensive margin of international environmental agreements. Based on a...

The Clean Development Mechanism (CDM) aims to enhance the efficiency of the Kyoto Protocol by providing greenhouse gas emission credits from projects in developing countries. Its unequal distribution among host countries gives rise to both concerns of equity and the question about the volume of...

Current climate and energy policy has to operate under an ex-ante unforeseen economic crisis. An obvious consequence is the collapse of prices for carbon emission allowances as, for example, seen in the European Union. However, this price collapse may be amplified by the interaction of a carbon...

Das Pariser Klimaabkommen von 2015 ist mit der großen Hoffnung verbunden, die globale Erwärmung auf das vereinbarte 2-Grad-Ziel zu beschränken. Dazu sind substanzielle Klimaschutzbeiträge unabdingbar. Ein zentraler Baustein des Abkommens ist ein dynamisches Anreizsystem, das sogenannte...

Bei der 26. UN-Klimakonferenz in Glasgow geht es um die Umsetzung der Ziele aus dem Pariser Klimaschutzabkommen. Im Mittelpunkt steht dabei die schrittweise Zielerhöhung der einzelnen Länder, die sich anschließend in konkreten Klimaschutzbeiträgen widerspiegeln sollen. Der vorliegende ZEW...

Given the vital and controversial debate on fairness concerns in international climate negotiations, the acceptance of a climate treaty may be fostered if the distribution of costs and benefits from global environmental protection is perceived to be “fair”. Since an agreement must be...