China, the United States, and India, decided on a more gradual phasing out extending beyond 2030. This paper estimates the … welfare loss of about 1.5 percent. Some of the major emitters, such as China and India, will experience minimal impacts to …

countries such as India where Germany pays emission reduction abroad rather than meeting its reduction target solely by domestic … framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint implementation with … plants produced in Germany. This provides positive employment effects and additional income for Germany. For India, joint …