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Green Growth and Equity in the Context of Climate Change: Some Considerations

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  • Sachs, Jeffrey D.

    (Asian Development Bank Institute)

  • Someshwar, Shiv

    (Asian Development Bank Institute)

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    Abstract

    The authors set out to explore some of the ways that equity has been considered in climate change discussions. They discuss per capita emission right approaches, and highlight key challenges in the application of equity in global climate change negotiations. They provide a brief overview of key approaches to carbon financing, focusing on some recent cost estimations of potential climate change impacts, as well as of projected needs for green growth programs. The diversity of estimates and present evidence on the apparent gulf between available public financing and green growth needs are highlighted; and considerations of implementing green growth, focusing on building climate resilience and responding to climate shocks are discussed.

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    File URL: http://www.adbi.org/files/2012.07.13.wp371.green.growth.climate.change.pdf
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    Bibliographic Info

    Paper provided by Asian Development Bank Institute in its series ADBI Working Papers with number 371.

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    Length: 34 pages
    Date of creation: 17 Jul 2012
    Date of revision:
    Handle: RePEc:ris:adbiwp:0371

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    Keywords: green growth; climate change; carbon financing; climate shocks;

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    1. Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change, Part II. Dynamic Estimates," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 21(2), pages 135-160, February.
    2. Shiv Someshwar, 2008. "Adaptation as ‘Climate-Smart’ Development," Development, Palgrave Macmillan, vol. 51(3), pages 366-374, September.
    3. Rob Dellink & Gregory Briner & Christa Clapp, 2010. "Costs, Revenues, and Effectiveness of the Copenhagen Accord Emission Pledges for 2020," OECD Environment Working Papers 22, OECD Publishing.
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