A "Greenprint" for International Cooperation on Climate Change

International negotiations on climate change have been dogged by mutual recriminations between rich and poor countries, constricted by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic power between in...

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Bibliographic Details
Main Authors:	Mattoo, Aaditya, Subramanian, Arvind
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2013
Subjects:	ABSOLUTE EMISSIONS AGGREGATE EMISSIONS AGRICULTURAL PRODUCTION AIR AMOUNT OF EMISSIONS APPROACH ATMOSPHERE BALANCE BIOMASS BOTTOM LINE CALCULATION CAPITA EMISSIONS CARBON CARBON BUDGET CARBON CAPS CARBON CAPTURE CARBON CONTENT CARBON DIOXIDE CARBON EMISSIONS CARBON ENERGY CARBON FOOTPRINT CARBON INTENSITY CARBON PRICE CARBON PRICES CARBON PRICING CARBON SINK CARBON TAX CARBON TAXES CARBON TRADE CLEAN ENERGY CLIMATE CLIMATE ACTION CLIMATE CHANGE CLIMATE CHANGE MITIGATION CLIMATE CHANGE POLICY CLIMATE CHANGES CLIMATE SCIENTISTS CO2 COAL COMMON GOOD COMPARATIVE ADVANTAGE CONVERGENCE DEMAND FOR ENERGY DISTRIBUTION OF EMISSIONS DOMESTIC CARBON DOMESTIC PRODUCTION DOMESTIC PRODUCTS ECONOMIC CIRCUMSTANCES ECONOMIC CONDITIONS ECONOMIC COSTS ECONOMIC GROWTH ECONOMIC PROBLEMS ECONOMIC SITUATION ECONOMICS EMISSION EMISSION CUTS EMISSION LEVELS EMISSION REDUCTIONS EMISSION RIGHTS EMISSION TARGETS EMISSIONS ALLOCATION EMISSIONS ALLOCATIONS EMISSIONS CUTS EMISSIONS DATA EMISSIONS FROM DEFORESTATION EMISSIONS FROM FUEL EMISSIONS FROM FUEL COMBUSTION EMISSIONS OBLIGATIONS EMISSIONS QUOTAS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS REDUCTIONS OBLIGATIONS EMISSIONS RIGHTS EMISSIONS TARGETS EMISSIONS TRAJECTORY ENDANGERED SPECIES ENERGY CONSERVATION ENERGY DEMAND ENERGY DEVELOPMENT ENERGY EFFICIENCY ENERGY GENERATION ENERGY INDUSTRIES ENERGY MARKET ENERGY NEEDS ENERGY PRODUCTS ENERGY SUBSIDIES ENERGY USE ENERGY-INTENSIVE MANUFACTURING ENTITLEMENTS ENVIRONMENTAL ENVIRONMENTAL BENEFITS ENVIRONMENTAL CONSEQUENCES ENVIRONMENTAL DISASTER ESP EXCHANGE RATE EXTREME POVERTY FINANCIAL ASSISTANCE FINANCIAL COMMITMENTS FINANCIAL COMPENSATION FINANCIAL CONTRIBUTIONS FINANCIAL CRISIS FINANCIAL INFLOWS FINANCIAL SYSTEMS FINANCIAL TRANSFERS FOREIGN EXCHANGE FOREST FOREST DEGRADATION FOREST FIRES FOSSIL FOSSIL FUEL FOSSIL FUEL CONSUMPTION FOSSIL FUELS FRAMEWORK CONVENTION ON CLIMATE CHANGE FREE TRADE FUEL CONSUMPTION GAS GASOLINE GENERATION GHG GHGS GLACIERS GLOBAL EMISSIONS GLOBAL EMISSIONS REDUCTION GLOBAL WARMING GOVERNMENT DEBT GREEN AREAS GREEN ENERGY GREEN TECHNOLOGIES GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES HIGH UNEMPLOYMENT IMPORTS INCOME INSURANCE INSURANCE POLICY INTERNATIONAL TRADING KEROSENE LIMITING EMISSIONS LOW-CARBON LOWER PRICES MARKET ECONOMIES MARKET PRICES MONETARY FUND NUCLEAR ENERGY NUCLEAR POWER NUCLEAR POWER PLANTS OIL OIL PIPELINE OIL SHOCKS PER CAPITA INCOMES PETROLEUM PETROLEUM PRODUCTS PHARMACEUTICALS POLICY INSTRUMENTS POLITICAL ECONOMY POLLUTION POPULATION DENSITIES POPULATION GROWTH POWER FACILITIES POWER PLANTS PP PRICE CHANGES PRICE SIGNAL PRODUCERS PROPERTY RIGHTS PUBLIC GOOD PURCHASING POWER REDUCING EMISSIONS RELATIVE PRICE RENEWABLE ENERGY RENEWABLE ENERGY SOURCES RENEWABLE SOURCES SCENARIOS SMOKE SOCIAL COST OF CARBON SOLAR ENERGY SOLAR INSTALLATION SOLAR PANEL SOLAR PANELS SOLAR POWER SOURCE OF ENERGY SUBSTITUTION TAX REVENUES TECHNOLOGICAL CHANGE TECHNOLOGICAL PROGRESS TECHNOLOGY TRANSFERS TEMPERATURE TERMS OF TRADE TRADABLE EMISSIONS TROPICS UNEP WIND
Online Access:	http://documents.worldbank.org/curated/en/2013/05/17704396/greenprint-international-cooperation-climate-change http://hdl.handle.net/10986/15581

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Summary:	International negotiations on climate change have been dogged by mutual recriminations between rich and poor countries, constricted by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic power between industrialized and developing countries. To overcome these "narrative," "adding-up," and "new world" problems, respectively, this paper proposes a new Greenprint for cooperation. First, the large dynamic emerging economies -- China, India, Brazil, and Indonesia -- must assume the mantle of leadership, offering contributions of their own and prodding the reluctant industrial countries into action. This role reversal would be consistent with the greater stakes for the dynamic emerging economies. Second, the emphasis must be on technology generation. This would allow greater consumption and production possibilities for all countries while respecting the global emissions budget that is dictated by the climate change goal of keeping average temperature rise below 2 degrees centigrade. Third, instead of the old cash-for-cuts approach -- which relies on the industrial countries offering cash (which they do not have) to the dynamic emerging economies for cuts (that they are unwilling to make) -- all major emitters must make contributions. With a view to galvanizing a technology revolution, industrial countries would take early action to raise carbon prices. The dynamic emerging economies would in turn eliminate fossil fuel subsidies, commit to matching carbon price increases in the future, allow limited border taxes against their own exports, and strengthen protection of intellectual property for green technologies. This would directly and indirectly facilitate such a technological revolution.

A "Greenprint" for International Cooperation on Climate Change

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