Global cap and trade equalizes the price of emissions and leads to efficient abatement across countries, but sets the abatement level inefficiently low. It is set too low, because the global cap is the sum of individual country targets set on the basis of self-interest. The efficiency of a...

The international game of cap and trade begins when countries choose their quantity targets, which are largely selected according to self interest. The analogous public-goods game, in which countries choose their abatement levels, has an uncooperative outcome. Compared to that, the Nash...

China’s emerging standing in the world demands a major rethinking of its diplomatic strategies. Given its population size, geographical scale, economic power and military presence, China is poised to play a larger political role in the twenty-first century, and is thus perceived by the...

Climate change is the defining development challenge of our time. More than a global environmental issue, climate change is also a threat to poverty reduction and economic growth and may unravel many of the development gains made in recent decades. Latin America and the Caribbean account for a...

In this study we look at the case of China, India, Bangladesh, Indonesia, Thailand, and Vietnam, and consider the following questions: (i) how to measure the impacts of trade and economic activities on the levels of CO2 emissions, (ii) how to measure the impacts of current climate change...

We postulate a two-region world, comprised of North (calibrated after the US) and South (calibrated after China). Our optimization results show the compatibility of the following three desiderata: (1) Global CO2 emissions follow a conservative path that leads to the stabilization of...

Unscathed agrobiodiversity remaining in-situ today is found on the small-scale farms and homestead gardens of poorer and developing countries (Brookfield, 2001). The indigenous traditional farming of Muthuvan tribe as the case of Finger millet or Ragi (Eleusine coracana), a minor millet...

Kyoto Protocol of the United Nations Framework Convention on Climate Change (UNFCCC) is a milestone towards global carbon mitigation efforts which resulted in the establishment of carbon markets. Pakistan has ratified Kyoto Protocol in 1997 and implemented it in 2005. It contributes towards...

In this paper we discuss the scope of the adaptation challenge facing world agriculture in the coming decades. Due to rising temperatures throughout the tropics, pressures for adaptation will be greatest in some of the poorest parts of the world where the adaptive capacity is least abundant. We...

Linking of two or more cap-and-trade systems promises gains in cost effectiveness and signals a strong commitment to carbon policy. Linking is also seen as one possible way of converging from regional climate policy initiatives toward a global climate policy architecture. Moreover, linking may...