Reports & Papers

The São Paulo Proposal is designed to create a stable, long-term, universal regime based on the principles of equity and common but differentiated responsibilities and respective capabilities. Such a regime is required to encourage the technological change and structural shifts necessary to stabilize greenhouse gas concentrations. Richer countries adopt binding targets that become more stringent over time. Financial and institutional provisions to enhance developing country implementation of mitigation and adaptation actions are strengthened.

Global environmental goals and trade goals can be reconciled.   Globalization and multilateral institutions can facilitate environmental protection rather than obstruct it, if they are harnessed in the right way.  Perhaps most urgent is that negotiators working on a sequel to the Kyoto Protocol agree on guidelines to govern precisely how individual countries can and cannot use trade measures in pursuit of carbon mitigation.