Energy

4 Items

Policy Brief - Harvard Project on Climate Agreements

Treaty Design and Duration: Effects on R&D, Participation, and Compliance

    Author:
  • Bard Harstad
| January 2013

Climate policy is complicated. For a treaty to be beneficial, one must think through carefully how it will work, once it is implemented. Crucial questions include the following: How should an international treaty be designed? Should one negotiate commitments for a five-year period, or for much longer? Assuming that the treaty specifies aggregate or country-specific emission caps, what should these caps be and how should they change over time? How should the agreement be updated once policymakers, scholars, and the public learn more about the severity of the climate-change problem, or about the effects of the policy? Can the treaty be designed to encourage investments in "green" abatement technology or renewable energy sources? Finally, how can one motivate countries to participate and comply with such an agreement?

Russian President Vladimir Putin announced the signing of a protocol with the EU backing Russia’s WTO accession in Moscow, May 21, 2004. Putin said Moscow in turn would speed up ratification of the Kyoto protocol.

AP Photo

Analysis & Opinions - Financial Times

Trade Could Hold the Key to a Climate Deal

    Author:
  • Bard Harstad
| December 3, 2009

"Implementing such a linkage is possible. The Montreal Protocol, successfully protecting the ozone layer, is already restricting trade with non-participants and non-compliers, although only in the substances controlled by the treaty. To repeat this success and overcome the obstacles for a climate agreement, signatories should become favoured trading partners while non-compliance should trigger a temporary denial of this status. Disputes can be solved by expanding the mandate of the WTO's dispute settlement body or another mediator."

Policy Brief - Harvard Project on Climate Agreements, Belfer Center

Climate Finance

    Author:
  • The Harvard Project on International Climate Agreements
| November 2009

The finance of climate mitigation and adaptation in developing countries represents a key challenge in the negotiations on a post-2012 international climate agreement. Finance mechanisms are important because stabilizing the climate will require significant emissions reductions in both the developed and the developing worlds, and therefore large-scale investments in energy infrastructure. The current state of climate finance has been criticized for its insufficient scale, relatively low share of private-sector investment, and insufficient institutional framework. This policy brief presents options for improving and expanding climate finance.

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Policy Brief - Harvard Project on Climate Agreements, Belfer Center

A Sectoral Approach as an Option for a Post-Kyoto Framework—Summary

    Author:
  • Akihiro Sawa
| December 2008

The Kyoto Protocol uses a top-down mechanism to negotiate economy-wide emissions caps. This paper proposes an alternative "sectoral" approach, which would determine industry-level emissions reduction targets based on technological analyses.