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Regional Agreements to Address Climate Change: Scope, Promise, Funding, and Impacts

Author

Listed:
  • Iris Butzlaff

    (Georg-August-University Göttingen)

  • Nicole Grunewald

    (Georg-August-University Göttingen)

  • Stephan Klasen

    (Georg-August-University Göttingen)

Abstract

There is a large number of regional agreements concerning Greenhouse Gas (GHG) emissions, often linked to other regional integration agreements. The most successful one in making effort in reducing carbon emissions is the Emission Trading System by the European Union (EU ETS). Apart from this exceptional agreement there are many others, which either focus directly on reducing GHG emissions or were embedded in another agreement. There is little known about the origin, the design or funding of those agreements. Therefore, we point to the potential contribution of those agreements in order to reduce GHG emissions and give an overview on the nature of those agreements to evaluate their success. We classify 15 agreements by their subject (technology / R&D, trade and finance) and examine their record to date. We find that the impact on mitigating climate change has been negligible to date, but the potential to contribute to mitigation climate change at the regional level is substantial.

Suggested Citation

  • Iris Butzlaff & Nicole Grunewald & Stephan Klasen, 2013. "Regional Agreements to Address Climate Change: Scope, Promise, Funding, and Impacts," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 152, Courant Research Centre PEG.
  • Handle: RePEc:got:gotcrc:152
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    File URL: http://www2.vwl.wiso.uni-goettingen.de/courant-papers/CRC-PEG_DP_152.pdf
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    References listed on IDEAS

    as
    1. de Coninck, Heleen & Fischer, Carolyn & Newell, Richard G. & Ueno, Takahiro, 2008. "International technology-oriented agreements to address climate change," Energy Policy, Elsevier, vol. 36(1), pages 335-356, January.
    2. Jeffrey J. Schott & Meera Fickling, 2010. "Revisiting the NAFTA Agenda on Climate Change," Policy Briefs PB10-19, Peterson Institute for International Economics.
    3. Baghdadi, Leila & Martinez-Zarzoso, Inmaculada & Zitouna, Habib, 2013. "Are RTA agreements with environmental provisions reducing emissions?," Journal of International Economics, Elsevier, vol. 90(2), pages 378-390.
    4. Santi, Emanuele, 2012. "Unlocking North Africa’s Potential through Regional Integration : Challenges and Opportunities," MPRA Paper 41830, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Regional cooperation; climate change; mitigation;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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