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Emanuele Massetti

 

 

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2012

March 2012

"Incentives and Stability of International Climate Coalitions: An Integrated Assessment"

Discussion Paper

By Valentina Bosetti, Carlo Carraro, Enrica De Cian, Emanuele Massetti and Massimo Tavoni

"A successful international climate policy framework will have to meet two conditions, build a coalition of countries that is potentially effective and give each member country sufficient incentives to join and remain in this coalition. Such coalition should be capable of delivering ambitious emission reduction even if some countries do not take mitigation action. In addition, it should meet the target without exceedingly high mitigation costs and deliver a net benefit to member countries as a whole. The novel contribution of this paper is mostly methodological, but it also adds a better qualification of well-known results that are policy relevant."

 

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