Climate change affects most sectors of society due to changes in temperature and precipitation patterns and will continue to do so in the foreseeable future. Extreme weather events are already more frequent and intense, generating additional costs for businesses and investors nationally and...

Recent contributions show that climate agreements with broad participation can be implemented as weakly renegotiation-proof equilibria in simple models of greenhouse gas abatement where each country has a binary choice between cooperating (i.e., abate emissions) or defecting (no abatement). Here...