This chapter introduces a 3-dimensional climate justice approach combining intra-country, intra-country and inter-temporal aspects. The goal is to find ways to distribute the benefits and burden of climate change in an economically efficient, legally equitable and practically feasible way around...

Climate stabilization is among the most pressing challenges humanity faces in the 21st century. In the words of Pope Francis, “we can no longer speak of sustainable development apart from intergenerational solidarity (2015, p. 78).” While consensus on the necessity for political action to...

Climate control needs have reached momentum. While scientists call for stabilizing climate and regulators structure climate change mitigation and adaptation efforts around the globe, economists are concerned with finding proper and fair financing mechanisms. In an overlapping-generations...

Climate justice accounts for the most challenging global governance goal. In the current post-COP21 Paris agreement climate change mitigation and adaptation efforts, the financialization of the ambitious goals has leveraged into a blatant demand. In the weighting of the burden of global warming,...

Perceived intergenerational unfairness is one of the obstacles for a rapid transition to a low carbon economy whereby current generations have to carry the burden of paying for mitigation, while the next generations will enjoy the benefits for free. Green bonds are believed to be able to...

A 3-dimensional climate justice approach is introduced to share the burden of climate change right, just and fair within society. First, climate justice within a country should pay tribute to the fact that low- and high income households share the same burden proportional to their dispensable...