U.S. Senator Maria Cantwell, left, Chairwoman of the Senate Subcommittee on Energy, speaks next to another official at the U.S.-China Clean Energy Forum in Shanghai, China, 7 Sep. 2009.
AP Photo
Breaking the Climate Impasse with China:
A Global Solution
In a new Discussion Paper, Kelly Sims Gallagher proposes the creation of a Carbon Mitigation Fund and contrasts the proposed fund with other existing and proposed mitigation funds and finance mechanisms.
FEATURED PUBLICATIONS
AP Photo
November 20, 2009
"Creating a Climate Policy Review Mechanism"
International climate negotiations are becoming increasingly focused on suites of emissions-cutting policies and measures, rather than solely on traditional targets and timetables, particularly for developing countries. This approach raises at least two important challenges for negotiators and policymakers. First, how can negotiators judge whether states' proposed policies and measures are commensurate with ambitious global goals for controlling emissions? Second, how can policymakers evaluate whether climate policies and measures (in both developed and developing countries) are succeeding and maximize the odds that countries will actually deliver needed emissions cuts? Answering both questions is essential to reconciling a bottom-up approach to climate change mitigation with top-down need for strong global emissions cuts.
November 2009
"Climate Finance"
By The Harvard Project on International Climate Agreements
The finance of climate mitigation and adaptation in developing countries represents a key challenge in the negotiations on a post-2012 international climate agreement. Finance mechanisms are important because stabilizing the climate will require significant emissions reductions in both the developed and the developing worlds, and therefore large-scale investments in energy infrastructure. The current state of climate finance has been criticized for its insufficient scale, relatively low share of private-sector investment, and insufficient institutional framework. This policy brief presents options for improving and expanding climate finance.
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October 23, 2009
"Three Pillars of Post-2012 International Climate Policy"
By Sheila M. Olmstead, Former Research Fellow, Environment and Natural Resources Program, 2001–2002 and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
Our proposal for a post-2012 international global climate policy agreement contains three essential elements: meaningful involvement by key industrialized and developing nations; an emphasis on an extended time path of targets; and inclusion of market-based policy instruments. This architecture is consistent with fundamental aspects of the science, economics, and politics of global climate change.
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October 19, 2009
"A Portfolio of Domestic Commitments: Implementing Common but Differentiated Responsibilities"
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
An effective, but more flexible and politically palatable approach could be an international agreement on a "portfolio of domestic commitments." Under such an agreement, nations would agree to honor commitments to greenhouse gas emission reductions laid out in their own domestic laws and regulations. A portfolio of commitments may emerge from a global meeting such as the UNFCCC Conference of the Parties, or a smaller number of major economies could negotiate an agreement among themselves, and then invite other countries to join.
Photo by Jason Chapman
October 14, 2009
Harvard Project Conducts Roundtable Workshop in Brussels, Hosted by the European Union Commissioner for Environment
By Robert C. Stowe, Executive Director, Harvard Environmental Economics Program; Manager, Harvard Project on International Climate Agreements
The Harvard Project conducted a roundtable workshop on September 30, 2009, hosted by European Union Commissioner for Environment Stavros Dimas and titled "Post-2012 Climate Change Policy: Insights from the Harvard Project on International Climate Agreements". Commissioner Dimas and Robert Stavins, Director of the Harvard Project, spoke, respectively, on the status of European Union (EU) and U.S. climate change policy.
October 2009
"The São Paulo Proposal for an Agreement on Future International Climate Policy"
By Erik Haites, Farhana Yamin and Niklas Höhne
The São Paulo Proposal is designed to create a stable, long-term, universal regime based on the principles of equity and common but differentiated responsibilities and respective capabilities. Such a regime is required to encourage the technological change and structural shifts necessary to stabilize greenhouse gas concentrations. Richer countries adopt binding targets that become more stringent over time. Financial and institutional provisions to enhance developing country implementation of mitigation and adaptation actions are strengthened.
AP Photo
September 21, 2009
"Yes: The Transition Can Be Gradual—and Affordable"
Wall Street Journal
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"...[T]he U.S. and China have been involved in intense talks about climate policy. If the two nations come together in a bilateral agreement—a real possibility—they would have much more leverage to persuade other major nations to join. From there, developing nations could be brought on board by giving them targets that reduce emissions without stifling growth. Advanced nations might agree to more-severe emissions cuts and allow developing nations to make gradual cuts in the early decades as they rise toward the world's average per-capita emissions. With the right incentives, developing countries can and will move onto less carbon-intensive growth paths."
