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Tackling the problem of global climate change requires a high level of international cooperation. Many countries have pledged targets or actions to reduce greenhouse gas emissions in the Appendices to the Copenhagen Accord. This analysis examines the costs and effectiveness of these pledges,...
Persistent link: https://www.econbiz.de/10008532029
on recent progress made on reporting formats.<P>Options sur mesure pour comptabiliser les émissions dans le cadre de la … specific commitments. This paper assesses what would be required, in addition to existing reporting requirements, to build a … necessary building blocks for an emissions accounting framework and assesses progress made in agreeing international reporting …
Persistent link: https://www.econbiz.de/10011276740
Korea, which has had the highest growth rate of greenhouse gas emissions in the OECD area since 1990, adopted an ambitious Green Growth Strategy in 2009. It aims at reducing emissions by 30% by 2020 relative to a “business as usual” scenario, implying a 4% cut from the 2005 level. The...
Persistent link: https://www.econbiz.de/10011276862
Korea’s greenhouse gas emissions almost doubled between 1990 and 2005, the highest growth rate in the OECD area. Korea recently set a target of reducing emissions by 30% by 2020 relative to a “business as usual” baseline, implying a 4% cut from the 2005 level. Achieving this objective in a...
Persistent link: https://www.econbiz.de/10008492404
An important source of political opposition to measures aimed at reducing emissions of greenhouse gases (GHGs) arises from concerns over their negative effects on the competitiveness of domestic firms, especially those that are energy-intensive and exposed to competition from foreign producers....
Persistent link: https://www.econbiz.de/10010230663
Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate...
Persistent link: https://www.econbiz.de/10011660858
Carbon markets are substantial and expanding. There are many lessons from experience over the past 9 years: fewer free allowances, careful moderation of low and high prices, and a recognition that trading systems require adjustments that have consequences for market participants and market...
Persistent link: https://www.econbiz.de/10010951585
Carbon markets are substantial and they are expanding. There are many lessons from experiences over the past eight years -- fewer free allowances, better management of market-sensitive information, and a recognition that trading systems require adjustments that have consequences for market...
Persistent link: https://www.econbiz.de/10010643007
COP27 will return to Africa for the first time since 2016 to follow up on promises made in Glasgow in 2021 to limit global temperatures to well below 2°C by the end of the century as committed under the Paris Agreement. Nationally Determined Contributions (NDCs) enable each country to pursue a...
Persistent link: https://www.econbiz.de/10013523703
As an example of supranational climate policy coordination for sectors not covered by carbon trading, the European Effort Sharing Decision set national targets for emission reductions for the time period 2013-2020. Member States were free to decide the national policies to implement to achieve...
Persistent link: https://www.econbiz.de/10013399854