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Global Development Of Policy Regimes To Combat Climate Change, The (Hardcover)
Loot Price: R2,734
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Global Development Of Policy Regimes To Combat Climate Change, The (Hardcover)
Series: The Tricontinental Series On Global Economic Issues, 4
Expected to ship within 12 - 19 working days
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The year 2015 will be a landmark year for international climate
change negotiations. Governments have agreed to adopt a universal
legal agreement on climate change at the 21st Conference of Parties
(COP21) to the United Nations Framework Convention on Climate
Change (UNFCCC) in Paris in 2015. The agreement will come into
force no later than 2020.This book focuses on the prospects for
global agreement, how to encourage compliance with any such
agreement and perspectives of key players in the negotiations - the
United States, India, China, and the EU. It finds that there is
strong commitment to the established UN institutions and processes
within which the search for further agreed actions will occur.
There are already a myriad of local and regional policies that are
helping to reduce greenhouse gas emissions and build mutual
confidence. However, the chapters in the book also highlight
potential areas of discord. For instance, varying interpretations
of the "common but differentiated responsibilities" of developing
countries, agreed as part of the UNFCCC, could be a major sticking
point for negotiators. When combined with other issues, such as the
choice of consumption or production as the basis for mitigation
commitments, the appropriate time frame and base date for their
measurement and whether level or intensity commitments are to be
negotiated, the challenges that need to be overcome are
considerable. The authors bring to bear insights from economics,
public finance and game theory.
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