Discussion Paper - Harvard Project on Climate Agreements, Belfer Center

Modeling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement

    Authors:
  • Valentina Bosetti
  • Carlo Carraro
  • Alessandra Sgobbi
  • Massimo Tavoni
| December 2008

Abstract

This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.

For more information on this publication: Please contact Harvard Project on Climate Agreements
For Academic Citation: Bosetti, Valentina, Carlo Carraro, Alessandra Sgobbi, and Massimo Tavoni. “Modeling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement.” Discussion Paper, 08-20, Harvard Project on Climate Agreements, Belfer Center, December 2008.

The Authors