KYOTO PROTOCOL AND POST-KYOTO OPTIONS
December 2008
"Towards a Global Compact for Managing Climate Change"
Discussion Paper
Despite an enormous amount of work done to persuade the world of the dangers of climate change and the need for quick corrective action, there is little progress toward a global compact for managing climate change. In fact, there are some basic differences of perspectives on climate change policies between developed and developing countries which may bedevil future global agreements on climate change for quite some time. Among the reasons for these differences are the issues of historical responsibility for carbon emission by the developed countries, the need for lifestyle changes in both the developed and developing countries, suspicion in the developing countries about the motives of developed countries and too much focus of current discussions on the very long-term and global effects of climate change.
November 2009
"Climate Finance"
Policy Brief
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.
August 2009
"Options for Reforming the Clean Development Mechanism"
Policy Brief
By The Harvard Project on International Climate Agreements
The Clean Development Mechanism (CDM)—established by the Kyoto Protocol of the U.N. Framework Convention on Climate Change—is an emissions offset program that allows industrialized countries to receive credits for funding emissions reduction projects in developing countries. The program is intended to provide a cost-effective way for industrialized countries to reduce greenhouse gas emissions, while at the same time supporting sustainable development in developing countries. However, the CDM has been criticized for its lengthy and expensive project approval procedures, its exclusion of many categories of potentially important mitigation activities, and its methodologies for calculating whether projects actually reduce greenhouse gas emissions. In response to these problems, this Issue Brief presents a variety of options for reforming the CDM.
September 2009
Post-Kyoto International Climate Policy: Summary for Policymakers
Book
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
This volume is a highly topical contribution to climate policy debates that offers options, based on cutting-edge social-science research, for an international climate change regime to succeed the Kyoto Protocol when it expires in 2012. It distils key findings from the Harvard Project into an easy reference for policymakers, journalists, and stakeholders.
AP Photo
November 24, 2008
Designing the Post-Kyoto Climate Regime: Lessons from the Harvard Project on International Climate Agreements
Report
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
A way forward is needed for the post-2012 period to address the threat of global climate change. The Harvard Project on International Climate Agreements is an international, multi-year, multi-disciplinary effort to help identify the key design elements of a scientifically sound, economically rational, and politically pragmatic post-2012 international policy architecture. Leading thinkers from academia, private industry, government, and non-governmental organizations around the world have contributed and will continue to contribute to this effort. The foundation for the Project is a book published in September 2007 by Cambridge University Press, Architectures for Agreement: Addressing Global Climate Change in the Post-Kyoto World (Aldy and Stavins 2007). From that starting point, the Harvard Project on International Climate Agreements aims to help forge a broad-based consensus on a potential successor to the Kyoto Protocol. The Project includes 28 research teams operating in Europe, the United States, China, India, Japan, and Australia.
Project Co-Directors Joseph E. Aldy and Robert N. Stavins have written an Interim Progress Report of the Harvard Project on International Climate Agreements for the 14th Conference of the Parties, Framework Convention on Climate Change.
AP Photo
September 3, 2008
"The Role of Technology Policies in an International Climate Agreement"
Paper
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
The Harvard Project on International Climate Agreements has agreed to help the Office of the Danish Prime Minister, in its role as incoming President of the 2009 Conference of the Parties, to prepare background papers and on-site briefings for a series of very high-level dialogues on climate change policy, hosted by the Prime Minister. These dialogues will each include about 25 participants, including CEOs of European and U.S. corporations, key officials from national governments and intergovernmental organizations, and leaders of major environmental NGOs. This paper on the subject of technology policies was prepared by the Harvard Project leadership for the second dialogue.
May 2008
Climate Change: Expert Opinion on the Economics of Policy Options to Address Climate Change
Report
By U.S. Government Accountability Office, Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"...GAO was asked to elicit the opinions of experts on (1) actions the Congress might consider to address climate change and what is known about the potential benefits, costs, and uncertainties of these actions and (2) the key strengths and limitations of policies or actions to address climate change. GAO worked with the National Academy of Sciences to identify a panel of noted economists with expertise in analyzing the economic impacts of climate change policies and gathered their opinions through iterative, Web-based questionnaires. The findings reported here represent the views of the 18 economists who responded to both questionnaires."
Two of the 18 economists who participated were Harvard Project on International Climate Agreements Co-Directors Joseph Aldy and Robert Stavins. In addition, two other participating economists, James Edmonds of the Pacific Northwest National Laboratory and William Pizer of Resources for the Future, are members of Harvard Project research teams.
May 7, 2008
"Economic Incentives in a New Climate Agreement"
Paper
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
The Harvard Project on International Climate Agreements has agreed to help the Office of the Danish Prime Minister, in its role as incoming President of the 2009 Conference of the Parties, to prepare background papers and on-site briefings for a series of very high-level dialogues on climate change policy, hosted by the Prime Minister. These dialogues will each include about 25 participants, including CEOs of European and U.S. corporations, key officials from national governments and intergovernmental organizations, and leaders of major environmental NGOs. This paper on the subject of economic incentives was prepared by the Harvard Project leadership for the first dialogue.
May / June 2008
"Climate Policy Architectures for the Post-Kyoto World"
Journal Article, Environment, issue 3, volume 50
By Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements and Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements
"The global climate has changed and will continue to change as a result of greenhouse gas emissions from a broad variety of human activities. In 2007, the Intergovernmental Panel on Climate Change determined that 'most of the observed increase in global average temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas concentrations.' If greenhouse gas emissions continue to grow unabated, the global average temperature will likely increase between 1.1°C and 6.4°C. This warming will unleash a myriad of impacts, the vast majority of which will adversely affect water availability, agricultural and forestry productivity, the spread of infectious diseases, extreme weather events, unique ecosystems and rare species, and the built environment in coastal areas. The risks of global climate change clearly necessitate an international effort."
AP Images
December 18, 2007
Bali Climate Change Conference: Key Takeaways
Summary Report
By Robert N. Stavins, Albert Pratt Professor of Business and Government; Member of the Board; Director, Harvard Project on International Climate Agreements and Joseph Aldy, Former Co-Director, Harvard Project on International Climate Agreements
The Bali climate change conference was a qualified success. Before we went to Bali, we observed that it will be good news if there’s no bad news coming out of the negotiations. This was achieved, and then some.
