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Is it possible to combat global climate change through North-to-South technology transfer even without a global climate treaty? Or do carbon leakage and the rebound effect imply that it is possible to take advantage of technological improvements under the umbrella of a global arrangement only?...
Persistent link: https://www.econbiz.de/10010374157
Is it possible to combat global climate change through North-to-South technology transfer even without a global climate treaty? Or do carbon leakage and the rebound effect imply that it is possible to take advantage of technological improvements under the umbrella of a global arrangement only?...
Persistent link: https://www.econbiz.de/10011128880
This paper discusses the interplay between international trade, regional adaptation to climate change and financial … transfers for funding adaptation. It combines insights from a theoretical model of North-to-South transfers with the findings of … of climate change and the adaptation to it. Assessing the effects of adaptation funding indicates that funding of …
Persistent link: https://www.econbiz.de/10010930822
This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for … funding adaptation within the framework of a dynamic computable gen-eral equilibrium model, where impacts of climate change … climate change, as is to expected, funding of adaptation can make sense from an economic perspective. In particular the Hicks …
Persistent link: https://www.econbiz.de/10010957678
regional adaptation. First, trade can be viewed as a kind of adaptation to climate change and variability, as trade can help to … rich enough to adapt optimally to climate change, the resulting allocation of adaptation measures is Pareto-efficient. In … this case funding of adaptation, which is an element of international climate policy, does not make sense from an economic …
Persistent link: https://www.econbiz.de/10010957706
This paper analyses the interplay between international trade, regional adaptation and North-to-South transfers for … funding adaptation within the framework of a dynamic computable gen-eral equilibrium model, where impacts of climate change … climate change, as is to expected, funding of adaptation can make sense from an economic perspective. In particular the Hicks …
Persistent link: https://www.econbiz.de/10010310694
This paper discusses the interplay between the choice of the discount rate, greenhouse gas mitigation and endogenous technological change. Neglecting the issue of uncertainty it is shown that the green golden rule stock of atmospheric carbon is uniquely determined, but is not affected by...
Persistent link: https://www.econbiz.de/10010316057
Mitigation and adaptation are the most important strategies in combating global climate change. It is expected that in … adaptation is incentive compatible in the sense that it stipulates mitigation. In particular it is the aim of this paper to … discuss: (1) How does foreign funding of adaptation affect mitigation and regional welfare? (2) Under which conditions is it …
Persistent link: https://www.econbiz.de/10010316063
This paper discusses the interplay between the choice of the discount rate, greenhouse gas mitigation and endogenous technological change. Neglecting the issue of uncertainty it is shown that the green golden rule stock of atmospheric carbon is uniquely determined, but is not affected by...
Persistent link: https://www.econbiz.de/10008570653
There are two polar views on the issue of discounting. One is to focus on intergenerational equity which means discounting utilities at low rates. Alternatively, the focus is on efficiency where the choice of the discount rate should imply rates of return that are similar to those that prevail...
Persistent link: https://www.econbiz.de/10005212449