Reports & Papers

Since the Paris Agreement's adoption in 2015, a majority of the world's largest investors have begun to take action on climate change. According to a new report, the 2016–2017 year showed an average improvement in decarbonization within all major investor categories except pension funds.

As Russian dreams of becoming a ‘great ecological power’ fade, Gazprom, it seems, has been driving climate policy all along.

Economics are an essential part of understanding climate change and for developing solutions to it. Robert Stavins and Rohini Pande focused on that idea at a Harvard Kennedy School "IDEASpHERE" event titled "Harnessing Market Forces to Protect the Climate."

In the lead-up to the nuclear security summit, Advancing Nuclear Security: Evaluating Progress and Setting New Goals outlines what was accomplished in a four-year effort launched in 2009 to secure nuclear material around the globe—and what remains to be done. The effort made significant progress, but some weapons-usable nuclear materials still remain “dangerously vulnerable." The authors highlight the continuing danger of nuclear and radiological terrorism and call for urgent action.

The Belfer Center’s Eben Harrell and Pulitzer Prize-winning author David E. Hoffman for the first time report the details of one of the largest nuclear security operations of the post-Cold War years — a  secret 17-year, $150 million operation to secure plutonium in the tunnels of Degelen Mountain.

The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions reductions at reasonable cost. This paper addresses an important component of potential climate policy architecture for the post-Durban era: links among independent tradable permit systems for greenhouse gases.

Twenty years ago Russia and fourteen other newly-independent states emerged from the ruins of the Soviet empire, many as nations for the first time in history. As is typical in the aftermath of the collapse of an empire, this was followed by a period of chaos, confusion, and corruption. As the saying went at the time, “everything is for sale.” At that same moment, as the Soviet state imploded, 35,000 nuclear weapons remained at thousands of sites across a vast Eurasian landmass that stretched across eleven time zones. 

Today, fourteen of the fifteen successor states to the Soviet Union are nuclear weapons-free. This paper will address the question: how did this happen? Looking ahead, it will consider what clues we can extract from the success in denuclearizing fourteen post-Soviet states that can inform our non-proliferation and nuclear security efforts in the future. These clues may inform leaders of the U.S., Russia, and other responsible nations attending the Seoul Nuclear Security Summit on March 26-27, 2012. The paper will conclude with specific recommendations, some exceedingly ambitious that world leaders could follow to build on the Seoul summit’s achievements against nuclear terrorism in the period before the next summit in 2014. One of these would be to establish a Global Alliance Against Nuclear Terrorism.

In the Kyoto Protocol, the Clean Development Mechanism (CDM) was set up by Article 12 to achieve two-fold objectives: to help Annex I countries to meet their emission targets in a cost-effective way and to support non-Annex I countries in achieving the goal of sustainable development. Although technology transfer is not a requirement for CDM, experience shows that CDM may contribute significantly to technology transfer. However, it is difficult to induce large-scale technology transfer through CDM in its present form. The project-specific nature of CDM leads to high transaction costs and makes it difficult to create economies of scale and pool risks across projects of the same type. Thus CDM is not effective in attracting more low-carbon investors. The CDM does not address the competitiveness concerns of the private sector in developed countries.This paper addresses these challenging issues by proposing an enhanced CDM regime with greater emphasis on technology transfer from developed countries to developing countries.