Economics & Global Affairs

3 Items

Cattle graze in front of wind turbines of the Spanish utility Endesa in the Eolico Park, Spain, Aug. 3, 2006.

AP Photo

Policy Brief - Harvard Project on Climate Agreements, Belfer Center

Toward a Post-2012 International Climate Agreement

  • Fulvio Conti
| March 2010

Negotiations under the United Nations Framework Convention on Climate Change (UNFCCC) at Copenhagen in December 2009 did not produce a new international treaty with binding emissions commitments, but have defined a roadmap for dealing with global climate change in the post-2012 era. As countries continue to pursue new models for global agreement, it will be important to learn from the weaknesses of past approaches, while building on positive aspects of the experience with the Kyoto Protocol so far.

Russian President Vladimir Putin announced the signing of a protocol with the EU backing Russia’s WTO accession in Moscow, May 21, 2004. Putin said Moscow in turn would speed up ratification of the Kyoto protocol.

AP Photo

Analysis & Opinions - Financial Times

Trade Could Hold the Key to a Climate Deal

  • Bard Harstad
| December 3, 2009

"Implementing such a linkage is possible. The Montreal Protocol, successfully protecting the ozone layer, is already restricting trade with non-participants and non-compliers, although only in the substances controlled by the treaty. To repeat this success and overcome the obstacles for a climate agreement, signatories should become favoured trading partners while non-compliance should trigger a temporary denial of this status. Disputes can be solved by expanding the mandate of the WTO's dispute settlement body or another mediator."

Discussion Paper - Harvard Project on Climate Agreements, Belfer Center

Breaking the Climate Impasse with China: A Global Solution

| November 2009

A "deal" is proposed in this paper, whereby all major-emitting countries, including the United States and China, agree to reduce emissions through implementation of significant, mutually agreeable, domestic emission-reduction policies. To resolve the competitiveness and equity concerns, a proposed Carbon Mitigation Fund would be created. This proposed fund is contrasted with other existing and proposed mitigation funds and finance mechanisms.