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Climate Policy Versus Development Aid

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  • Richard S. J. Tol

    (Economic and Social Research Institute (ESRI))

Abstract

Rich countries have emitted most of the greenhouse gases in the atmosphere, while poor countries will suffer most from climate change. Rich countries have therefore committed to help poor countries adapt. However, this is financed from the general development budget, and hence may do more harm than good. Furthermore, development aid also finances emission reduction. These aspects of climate policy need to be overhauled. Development assistance should consider the impact of climate change, and reduce emissions where it can, but this can be achieved by marginal adjustments to current practice.

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Bibliographic Info

Paper provided by Economic and Social Research Institute (ESRI) in its series Papers with number WP221.

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Length: 15 pages
Date of creation: Dec 2007
Date of revision:
Handle: RePEc:esr:wpaper:wp221

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  1. Stephen M. Gardner, 2006. "A Perfect Moral Storm: Climate Change, Intergenerational Ethics and the Problem of Moral Corruption," Environmental Values, White Horse Press, vol. 15(3), pages 397-413, August.
  2. Richard S.J. Tol, 2005. "Europe’S Long Term Climate Target: A Critical Evaluation," Working Papers FNU-92, Research unit Sustainability and Global Change, Hamburg University, revised Sep 2005.
  3. William Easterly, 2002. "The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262550423, December.
  4. Schelling, Thomas C, 1992. "Some Economics of Global Warming," American Economic Review, American Economic Association, vol. 82(1), pages 1-14, March.
  5. Richard S.J. Tol, 2002. "Emission Abatement Versus Development As Strategies To Reduce Vulnerability To Climate Change: An Application Of Fund," Working Papers FNU-12, Research unit Sustainability and Global Change, Hamburg University, revised Apr 2002.
  6. Park, Donghyun, 2001. "Recent trends in the global distribution of income," Journal of Policy Modeling, Elsevier, vol. 23(5), pages 497-501, July.
  7. Michael Toman, 2006. "Values in the Economics of Climate Change," Environmental Values, White Horse Press, vol. 15(3), pages 365-379, August.
  8. Schelling, Thomas C, 1995. "Intergenerational discounting," Energy Policy, Elsevier, vol. 23(4-5), pages 395-401.
  9. Alan S. Manne & Richard G. Richels, 1999. "The Kyoto Protocol: A Cost-Effective Strategy for Meeting Environmental Objectives?," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 1-23.
  10. Byrne, John & Wang, Young-Doo & Lee, Hoesung & Kim, Jong-dall, 1998. "An equity- and sustainability-based policy response to global climate change," Energy Policy, Elsevier, vol. 26(4), pages 335-343, March.
  11. Babiker, Mustafa H., 2001. "Subglobal climate-change actions and carbon leakage: the implication of international capital flows," Energy Economics, Elsevier, vol. 23(2), pages 121-139, March.
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