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451. Roadmap to a Northeast Asian Carbon Market

Author:
J. Jackson Ewing
Publication Date:
09-2016
Content Type:
Special Report
Institution:
Asia Society
Abstract:
FACING UP TO CLIMATE CHANGE IS A KEY CHALLENGE OF OUR TIME. We are on pace in 2016 to again record the warmest global temperatures ever measured; a distinction that now appears to be an annual occurrence. Weather is becoming less predictable, storms more intense, and drought and flooding more pervasive. This destroys livelihoods, impedes economic progress, and undermines the sustainable development gains we are working hard to achieve. Slowing down and ultimately reversing climate change requires us to lower our greenhouse gas emissions. And effectively pricing carbon emissions is a vital place to start. Pricing carbon through markets creates incentives, sets clear rules, and encourages regulated organizations to lower emissions in flexible ways that work for them. Like much in the current climate change arena, the main action on carbon markets is happening beneath the global scale. After years of chasing global mechanisms to price and trade carbon emissions credits, the landmark Paris Agreement of December 2015 both recognizes and provides political and policy space for efforts at local, state, and regional levels. The relevance of carbon markets is growing apace; almost doubling in scale since 2012 with forty states and twenty-three cities, regions, and provinces pricing emissions worth some $50 billion.
Topic:
Climate Change, Environment, International Trade and Finance, and Climate Finance
Political Geography:
Asia and Global Focus

452. More Than a Lightbulb: Five Recommendations to Make Modern Energy Access Meaningful for People and Prosperity

Author:
Todd Moss
Publication Date:
04-2016
Content Type:
Special Report
Institution:
Center for Global Development (CGD)
Abstract:
Energy is fundamental to modern life, but 1.3 billion people around the world live without “access to modern electricity.” The current definition of modern energy access—100 kilowatt-hours per person per year—is insufficient and presents an ambition gap with profound implications for human welfare and national economic growth. This report summarizes the energy access problem, the substantial efforts underway to bolster power generation and access in the poorest regions, and highlights concerns about the specific indicators being used to measure progress. It then condenses a set of analytical and conceptual questions the working group grappled with, such as why and how to better measure energy usage and the multiple options that should be considered. The report concludes with five recommendations for the United Nations, International Energy Agency, World Bank, national governments, major donors, and other relevant organizations.
Topic:
Climate Change, Environment, Climate Finance, and International Development
Political Geography:
Global Focus

453. The Paris Agreement – an important step in facing climate change challenges

Author:
Marina Funduk
Publication Date:
07-2016
Content Type:
Working Paper
Institution:
Institute for Development and International Relations (IRMO)
Abstract:
t the twenty-�irst session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP 21), which was held in Paris, France, in December 2015, 195 countries reached an historic agreement to combat climate change, and to accelerate and intensify the actions and investments needed for a sustainable, low carbon future. The central aim of the Paris Agreement is to strengthen the global response to the threat of climate change, by keeping the global temperature rise in this century to below 2°C above pre-industrial levels, and to pursue efforts to limit the temperature increase even further, to 1.5°C. Additionally, the agreement aims to strengthen the ability of countries to deal with the impacts caused by global warming. To reach these ambitious goals, it was agreed that appropriate �inancial �lows, new technology and an enhanced capacity building framework should be put in place, to support the most vulnerable countries.
Topic:
Climate Change, Environment, and International Cooperation
Political Geography:
Global Focus

454. Assessing the Governance Practices of Sustainability Reporting

Author:
Jason Thistlethwaite and Melissa Menzies
Publication Date:
01-2016
Content Type:
Policy Brief
Institution:
Centre for International Governance Innovation (CIGI)
Abstract:
To promote climate change risk mitigation in financial markets, the Financial Stability Board recently proposed the creation of a Climate Disclosure Task Force, coordinated through the G20, to develop standards for companies to disclose their exposure to climate change risks. With more than 400 existing disclosure schemes, this task will be challenging. This brief identifies the key categories of governance practices that must be addressed, how these divergent practices challenge end-users, and how the establishment of criteria that define effective and efficient reporting is a critical first step for the Climate Disclosure Task Force.
Topic:
Climate Change, Economics, Markets, and Financial Crisis
Political Geography:
Global Focus

455. EU and China: Leadership after COP21

Author:
Sophia Kalantzakos
Publication Date:
03-2016
Content Type:
Working Paper
Institution:
Hellenic Foundation for European and Foreign Policy (ELIAMEP)
Abstract:
COP21 in Paris sparked a glimmer of hope that perhaps nations were finally ready to take on the climate crisis. The message of optimism now requires concrete action and steadfast commitment to a process that raises a number of crucial challenges: technological, political, social and economic. Who will lead after COP21? As the crisis continues to grow, new robust leadership is imperative. This paper discusses why a close collaboration between the EU and China may result in the necessary push to solidify a concrete vision and a roadmap for our common future in the Anthropocene.
Topic:
Climate Change
Political Geography:
Global Focus

456. Advancing Climate-Compatible Infrastructure Through the G-20

Author:
Gwynne Taraska, Peter Ogden, Nancy Alexander, and Howard Marano
Publication Date:
12-2016
Content Type:
Special Report
Institution:
Center for American Progress - CAP
Abstract:
To date, 17 G-20 countries—which account for 67 percent of global greenhouse gas pollution—have officially joined the Paris Agreement, bringing the pact into effect sooner than anyone expected.1 If they follow through with their commitments to reduce emissions, it will represent unprecedented progress in the global effort to curb climate change. U.S. President-elect Donald Trump, meanwhile, has suggested a number of actions, including dismantling the Clean Power Plan and pledging to “cancel” the Paris Agreement, that would drive the United States—and potentially other countries—in the opposite direction.2 In light of this, the G-20 summit in July 2017 provides an important opportunity for committed major powers to resist backsliding by any and all G-20 countries—and even to make some progress in meeting the climate challenge. To its credit, the German government, which officially assumed the G-20 presidency in December 2016, has taken steps that position the summit well for just such an effort. When German Chancellor Angela Merkel announced her three “pillar” objectives for the summit, she explicitly identified climate change as a priority. These pillars include fostering global economic stability; making the global economy viable for the future, including through the Paris Agreement and the 2030 Agenda for Sustainable Development; and establishing the G-20 as a “community of responsibility,” including by promoting a compact with Africa that would address infrastructure investment, among other topics.3
Topic:
Climate Change, International Cooperation, Infrastructure, G20, and Green Technology
Political Geography:
Europe, Germany, and Global Focus

457. Carbon Emissions and Economic Growth: Production-based versus Consumption-based Evidence on Decoupling

Author:
Goher-Ur-Reham Mir and Servaas Storm
Publication Date:
03-2016
Content Type:
Working Paper
Institution:
Institute for New Economic Thinking (INET)
Abstract:
Working Paper Carbon Emissions and Economic Growth: Production-based versus Consumption-based Evidence on Decoupling MAR 2016 | ENERGY | ENVIRONMENT SHARE WORKING PAPER SERIES BY Goher-Ur-Rehman Mir Ecofys Consulting Servaas Storm Senior Lecturer of Economics, Delft University of Technology DOWNLOAD PAPER We assess the Carbon-Kuznets-Curve hypothesis using internationally consistent and comparable production-based versus consumption-based CO2 emissions data for 40 countries (and 35 industries) during 1995-2007 from the World Input Output Database (WIOD). The estimates for per capita CO2 emissions are truly comprehensive as these include all carbon emissions embodied in international trade and global commodity chains. Even if we find evidence suggesting a decoupling of production-based CO2 emissions and growth, consumption- based CO2 emissions are monotonically increasing with per capita GDP. We draw out the implications of these findings for climate policy and binding emission reduction obligations.
Topic:
Climate Change, Energy Policy, Environment, Economic Growth, and Carbon Emissions
Political Geography:
Global Focus

458. Elaborating in the INDC context

Author:
Neha B. Joseph
Publication Date:
09-2015
Content Type:
Working Paper
Institution:
Centre for Policy Research, India
Abstract:
Several countries have embarked on nationwide processes to devise their ‘contributions’ towards a new global climate agreement set to be adopted at Paris in 2015. Sixty-two countries have already communicated their contributions to the UNFCCC, in pledges covering around 62.9% of global emissions in 2012. These contributions, formally known as ‘intended nationally determined contributions’ (INDCs) are expected to be the bedrock of post 2020 climate action and the building blocks of the 2015 climate deal, that is currently being negotiated by Parties. This paper discusses the emergence of this concept and outlines some of the legal and technical aspects of a contribution and their implications on ambition, adequacy and political feasibility. Section 3 analyses pledges in the submitted INDCs, with a special focus on G20 countries. The term ‘INDC’ first emerged in 2013 at the Warsaw negotiations of the Conference of Parties (COP) in a decision inviting Parties “to initiate or intensify domestic preparationsfor their intended nationally determined contributions….. and to communicate them well in advance of the twenty-first session of the Conference of the Parties (by the first quarter of 2015 by those Parties ready to do so)” For developed countries, INDCs will replace their Kyoto Protocol commitments; for developing countries, Nationally Appropriate Mitigation Actions (NAMAs) will continue to be in force as implementation tools supporting the mitigation component of their INDCs. Over the past year, countries have been negotiating to iron out differences on issues like differentiation, legal nature, scope, form and review of contributions with varying levels of success on each front.
Topic:
Climate Change, Diplomacy, Environment, International Cooperation, Treaties and Agreements, and Legislation
Political Geography:
South Asia, India, Asia, and Global Focus

459. India’s Sustainable Development Led Approach to Climate Mitigation for Paris

Author:
Navroz K. Dubash
Publication Date:
08-2015
Content Type:
Special Report
Institution:
Centre for Policy Research, India
Abstract:
What should India put forward as the mitigation component of its climate contribution? India has dual interests in climate negotiations: safeguarding adequate energy for development, and promoting an effective international agreement to limit its climate vulnerability. To balance these interests, India should pledge well-developed sector-specific actions that maximize synergies across development and climate outcomes. This approach will avoid lock-in to a high carbon growth path while enhancing development. Sectoral actions could include an additional component conditional on availability of international climate finance. In addition, an updated emissions intensity target would serve as a useful complement to sectorally focused action.
Topic:
Climate Change, Development, Energy Policy, and Treaties and Agreements
Political Geography:
South Asia, India, and Global Focus

460. Data Intelligence for 21st Century Water Management: A Report from the 2015 Aspen-Nicholas Water Forum

Author:
Dave Grossman, Martin Doyle, and Nicole Buckley
Publication Date:
12-2015
Content Type:
Policy Brief
Institution:
Aspen Institute
Abstract:
The 2015 Aspen-Nicholas Water Forum, brings together each year a select group of water experts with diverse knowledge - from finance and policy to technology and ecosystems - to explore the future of our water system; the role of corporations and municipalities in managing water risk; and the innovations in, and convergence of, water policy, finance, and technology to identify potential game changers. The forum this year specifically focused on water and big data to understand how the emergence of large, but dispersed, amounts of data in the water sector can best be utilized to improve the management and delivery of water for a more sustainable future. Understanding what water data we have, how we collect it, and how to standardize and integrate it may well be a prerequisite to taking action to address a wide range of water challenges.
Topic:
Climate Change, Environment, Science and Technology, Natural Resources, Water, and Global Markets
Political Geography:
Global Focus