Reports & Papers

In recognition of the urgency of reducing methane emissions, several voluntary international multiparty agreements and initiatives have recently been concluded to accelerate collective action and establish formal mechanisms for monitoring the implementation of methane-related commitments. While these initiatives reflect ambition on the part of public, private, and civil society actors with regard to methane, the implementation of these initiatives presents challenges for governments, emitting sectors, and other parties.

As governments, firms, and universities advance ambitious greenhouse gas emission goals, the demand for emission offsets — projects that reduce or remove emissions relative to a counterfactual scenario — will increase. Reservations about an offset’s additionality, permanence, double-counting, and leakage pose environmental, economic, and political challenges. The authors review the role of offsets in regulatory compliance, as an incentive for early action, and in implementing voluntary emission goals

This book is intended to advance the next phase of the U.S.-Colombia relationship. In a rapidly changing world, the following chapters present a roadmap for a new type of engagement that challenges our ambitions and extends the ties that bind our countries. 

India plays a critical role in global climate and energy policy. Although India is only responsible for 7% of global greenhouse gas emissions today, it has a large population and considerable potential for rapid economic growth. This paper explores how India’s states can best address climate change, the relative roles of state and Union governments, and how relationships between states and New Delhi can constrain or accelerate climate action.

To support the commission, CSIS convened a series of working groups to address a range of issue-specific areas that are critical for reconstruction and modernization of the Ukrainian economy, including agriculture, energy, and transportation and logistics, as well as addressing the impact of corruption on private sector investment.

Experience has shown that countries should begin planning for the postwar period before the end of a war. The geostrategic stakes in Ukraine are such that failure could have disastrous consequences not just for Ukraine but also for the broader region. The war has already caused repercussions around the world through global food insecurity, a growing energy crisis, and disruptions of the broader global supply chains. It is in the national security interest of the G7 and European Union for Ukraine to become a modernized economy and remain a secure democracy.

The United States, European Union, and G7 should do everything possible to realize this vision after Ukraine wins the war with Russia. However, there will not be enough foreign assistance to rebuild Ukraine. Therefore, Ukraine and its allies need to create an environment within which businesses and companies have the confidence to invest and deliver the reconstruction the country critically needs.

This report is made possible by general support to CSIS and the support of the Royal Danish Embassy. 

Ambassador Paula J. Dobriansky serves as Co-Chair of the Commission tasked with creating the report.

For this Future of Diplomacy Project anniversary publication, we have asked many of our former fellows to reflect on the geostrategic challenges ahead for diplomacy and statecraft and to offer their advice to the younger generation of rising leaders on the opportunities and challenges for diplomacy in the decade ahead.

This discussion paper explores key areas of disagreement on Article 6 and explores possible outcomes from the upcoming Conference of the Parties to the United Nations Framework Convention on Climate Change (COP-26) in November 2021 in Glasgow.

Guangdong Province ranks first in economic output among China’s provinces and will play a major role in achieving China’s national climate-change goals. This paper examines the progress of Guangdong Province’s carbon dioxide emissions trading system (ETS) in reducing emissions; design features of the system; challenges it faces with regard to further development; and its relationship to China’s new national ETS.

There are potential roles for sub-national climate policies in addressing climate change. Theory and experience of nesting sub-national climate policies within a broader, national climate policy indicate that the interactions between the two levels of governance can be problematic, benign, or positive, depending upon the nature, design, and stringency of the policies. When the national system is a tradable performance standard, as with China’s national system, the consequences are similar to those with cap-and-trade, but more complex.

China’s emissions trading system (ETS) for carbon dioxide (CO₂) will become operational in mid-2021. This paper describes the trading system’s history, design, rules governing implementation, and anticipated developments over the next decade. The ETS is expected to support China’s goals of reaching peak CO₂ emissions by 2030 and of achieving carbon neutrality by 2060.