The world has witnessed a new era of cooperation on climate change between the United States and China. This cooperation between the world’s two largest economies and carbon emitters played a fundamental role in the international negotiations leading up to the adoption of the Paris Agreement in December 2015. This includes, in particular, the joint announcement of their respective post-2020 climate actions in November 2014 and the crafting of common visions on key issues related to the Paris Outcome in September 2015. The world has high expectations that the United States and China will enhance their future collaboration on climate change. These expectations will be the cornerstone of translating the Paris vision into action. Furthermore, the Joint Presidential Statement released in March 2016 also stressed that “joint efforts by the United States and China on climate change will serve as an enduring legacy of the partnership between our two countries”.
Jeffrey Frankel is James W. Harpel Professor of Capital Formation and Growth. He was appointed to the Council of Economic Advisers by President Clinton in 1996, and subsequently confirmed by the Senate. His responsibilities as Member included international economics, macroeconomics, and the environment. He left the Council in March 1999. Before moving east, he was Professor of economics at the University of California, Berkeley, having joined the faculty in 1979. He directs the National Bureau of Economic Research program in International Finance and Macroeconomics. Past appointments include the Brookings Institution, Federal Reserve Board, Institute for International Economics, International Monetary Fund, University of Michigan and Yale. His research interests include international finance, monetary policy, regional blocs, East Asia and global climate change. His recent publications include "Does Trade Cause Growth?" in the American Economic Review, 1999, and Regional Trading Blocs, 1997. He graduated from Swarthmore College in 1974, and received his Ph.D. from MIT in 1978.Last Updated: Feb 3, 2017, 4:51pm