Governance

Ely Sandler and Daniel Schrag propose a new approach to Article 6 of the Paris agreement, arguing that states must use cross-border investment to finance the energy transition. By linking additionality to an investment’s impact on cost of capital, Sandler and Schrag demonstrate how Article 6 can leverage blended finance to de-risk private investment, creating a new model of public private partnership. The paper uses case studies from the Middle East and North Africa region to demonstrate the potential economic, environmental and political benefits of cooperation on Article 6.  

Kelly Sims Gallagher asserts that politicians' pledges of dramatic long-term reductions should not let them off the hook for their failure to achieve more modest progress in the short term.

Joel Clement outlines why he is vexed by global negligence with regards to investments in the fossil fuel industry.

 The Gazette spoke with John Holdren, Teresa and John Heinz Professor of Environmental Policy at the Harvard Kennedy School and professor of environmental science and policy in the Department of Earth and Planetary Sciences, about what the incoming Biden-Harris administration reinstalling science as a foundation for government policy means.

If Joe Biden defeats Donald Trump in November, the question he will face is not whether to restore the liberal international order. It is whether the United States can work with an inner core of allies to promote democracy and human rights while cooperating with a broader set of states to manage the rules-based international institutions needed to face transnational threats.

The authors explain why the Trump administration's reiteration of its intent to finalize U.S. withdrawal from the Paris Agreement is a tragic mistake that will weaken us as a nation.

Every day that the EPA quietly ticks off another item, the social and financial consequences are being shifted from polluters to at-risk communities.