Environment & Climate Change

Decarbonizing existing buildings is a key component of greenhouse gas emission reduction strategies, but private investors have been slow to finance residential decarbonization projects because of a range of barriers. Authors Chang, Fornara, and Sanghvi argue that green banks could play a major role in unlocking public and private financing for projects that are currently financially unviable. 

Arctic Initiative Co-Director John Holdren and Senior Fellow Fran Ulmer call for increased U.S.-Canadian cooperation on geopolitical challenges around relations with Russia and China as well as the critical problems being imposed by climate change on the North American Arctic.

This paper explores the unique conditions that made the Agreement to Prevent Unregulated High Seas Fisheries in the Central Arctic Ocean possible and examines how success was achieved by the interrelationships of science, policy, legal structures, politics, stakeholder collaboration, and diplomacy.

Joshua Schwartz and Sabrina Arias write that although Congress seems unable to act, enough states, cities and counties are mobilizing to make a dent in U.S. carbon emissions. The states, cities, counties, and towns that have committed themselves to upholding the Paris agreement currently release a majority of U.S. carbon emissions. If they do manage to meet their targets, they can make a meaningful difference.

The Danish Minister of Climate, Energy, and Utilities expressed his hope that the tragic war in Ukraine will help accelerate the clean energy transformation by weaning Europe off Russian gas during a Virtual Forum (view recording here) last Friday (April 8). The event was hosted by the Harvard Project on Climate Agreements (HPCA) and moderated by Robert Stavins, HPCA Director and A.J. Meyer Professor of Energy and Economic Development. 

Cop26 — the 26th Conference of the Parties — is a UN meeting that will bring together representatives of more than 190 countries with only one aim: tackling climate change.

Stephen Walt writes that although President Joe Biden's intentions might be good, the results so far are another matter.

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.

The Biden Administration is showing a renewed commitment to addressing climate change, but there is still a long road ahead for the development of substantive domestic policies to reduce greenhouse-gas emissions. That was one of the messages delivered on Friday (April 30) during a Virtual Forum hosted by the Harvard Project on Climate Agreements.

Joel Clement describes the Leaders Summit on Climate, held on April 23, 2021, as making a strong point that the Biden administration is up to the challenge of combating climate change.