Climate Policy Versus Development Aid
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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- Tol, Richard S.J., 2005.
"Emission abatement versus development as strategies to reduce vulnerability to climate change: an application of FUND,"
Environment and Development Economics,
Cambridge University Press, vol. 10(05), pages 615-629, October.
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- Tol, Richard S.J., 2007.
"Europe's long-term climate target: A critical evaluation,"
Elsevier, vol. 35(1), pages 424-432, January.
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- 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, June.
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