September 5, 2007
Victor Proposal: Fragmented Carbon Markets and Reluctant Nations: Implications for the Design of Effective Architectures
Policy Brief
David Victor proposed a climate policy architecture with a varying geometry of participation, limited initially to the few most pivotal countries in climate change. He recommends the development of an agreement in a smaller negotiating venue, such as former Canadian Prime Minister Paul Martin’s proposal for an L20 – a forum of the leaders of twenty key industrialized and developing countries. Countries participating in this effort would pledge a package of domestic climate policies and measures.
