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At COP 17 in Durban, countries defined a new market-based mechanism to promote cost-effective mitigation actions …, guided by a set of principles previously agreed at COP 16. These principles include “stimulating mitigation across broad … developed countries to meet part of their mitigation targets”. This paper explores the use of ambitious crediting baselines for …
Persistent link: https://www.econbiz.de/10011276743
Sectoral approaches are proposed as a means to broaden the global scope of greenhouse gas (GHG) mitigation to … developing countries. Market mechanisms are put forward in that context to create incentives for mitigation in developing … countries beyond the existing Clean Development Mechanism (CDM), and to encourage mitigation at least possible cost. The …
Persistent link: https://www.econbiz.de/10011276738
This paper reviews proposals for the design of sectoral and related market mechanisms that are being debated both in the UNFCCC negotiations and in different domestic legislative contexts. Decisions on the design and scope of the mechanisms in the UNFCCC negotiations would affect the future...
Persistent link: https://www.econbiz.de/10011276756
adopted by 2015 and come into effect from 2020. An effective agreement would include quantitative mitigation commitments from …-term transformations to low-carbon and climate-resilient economies. The aim of this paper is to explore what mitigation commitments put … whether guidance could take the form of “bounded flexibility” for the various dimensions describing mitigation commitments in …
Persistent link: https://www.econbiz.de/10011276734
and analysing reliable data on mitigation costs and climate change impacts; identifying and addressing barriers to …
Persistent link: https://www.econbiz.de/10011276735
The Cancún Agreements formalise a collective commitment by developed countries to provide new and additional funding for action on climate change in developing countries both in the short- and longer-term. This collective financial commitment requires a system to measure, report and verify...
Persistent link: https://www.econbiz.de/10011276745
The Bali Action Plan introduced the notion of linking GHG mitigation action in developing countries with support for … link that may be made between nationally appropriate mitigation actions (NAMAs) in developing countries and mitigation … mitigation support, or to one or both of the separate elements. This paper suggests a number of elements for a possible …
Persistent link: https://www.econbiz.de/10011276748
Concern that unilateral greenhouse gas emission reductions could foster carbon leakage and undermine the international competitiveness of domestic industry has led to growing calls for carbon-based border-tax adjustments (BTAs). This paper uses a global general equilibrium model to assess the...
Persistent link: https://www.econbiz.de/10008457944
The Stern Review constitutes today the most complete and didactic synthesis of the economics of climate change. Despite appearances, it is not, however, a simple reference manual. Its most attractive feature is the author’s commitment to action in the face of climactic risk. The report’s...
Persistent link: https://www.econbiz.de/10010706963
Discussions over tropical deforestation are currently at the forefront of climate change policy negotiations at national, regional, and international levels. This paper analyzes the effects of linking Reduced Emissions from Deforestation and Forest Degradation (REDD) to a global market for...
Persistent link: https://www.econbiz.de/10010279555