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Challenges and Opportunities of Solar Geoengineering for Climate Governance

Author

Listed:
  • Francesco Furini

    (University of Hamburg, Germany)

  • Michael Finus

    (University of Graz, Austria)

Abstract

This review characterizes the governance challenges arising from the potential deployment of solar geoengineering. We survey existing theoretical models that analyze the strategic incentives such technologies generate. In particular, we examine the conditions under which the "free-driver problem", where a single nation or small group of nations initiates solar geoengineering without the consent of the international community, might be avoided or mitigated and explore the implications for international climate governance when mitigation and solar geoengineering policies interact.

Suggested Citation

  • Francesco Furini & Michael Finus, 2026. "Challenges and Opportunities of Solar Geoengineering for Climate Governance," Graz Economics Papers 2026-13, University of Graz, Department of Economics.
    • Handle: RePEc:grz:wpaper:2026-13
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    Keywords

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    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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