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The Great climate debate : A Developing country perspective

  • B. Sudhakara Reddy

    ()

    (Indira Gandhi Institute of Development Research)

  • Gaudenz B. Assenza

    (Palacky University Olomouc, Czech Republic)

For over two decades, scientific and political communities have debated whether and how to act on climate change. The present paper revisits these debates and synthesizes the longstanding arguments. Firstly, it provides an overview of the development of international climate policy and discusses clashing positions represented by sceptics and supporters of action on climate change. Secondly, it discusses the market-based measures as a means to increase the win-win opportunities and to attract profit-minded investors to invest in climate change mitigation. Finally, the paper examines whether climate protection policies can yield benefits both for the environment and the economy. The paper suggests the possibility of building environmental and climate policies around development priorities that are vitally important for developing countries and stresses the need for using sustainable development as a framework for climate change policies.

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File URL: http://www.igidr.ac.in/pdf/publication/WP-2008-008.pdf
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Paper provided by Indira Gandhi Institute of Development Research, Mumbai, India in its series Indira Gandhi Institute of Development Research, Mumbai Working Papers with number 2008-008.

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Length: 47 pages
Date of creation: Apr 2008
Date of revision:
Handle: RePEc:ind:igiwpp:2008-008
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  1. Dasgupta, Susmita & Laplante, Benoit & Meisner, Craig & Wheeler, David & Jianping Yan, 2007. "The impact of sea level rise on developing countries : a comparative analysis," Policy Research Working Paper Series 4136, The World Bank.
  2. Reddy, B. Sudhakara & Balachandra, P., 2006. "Dynamics of technology shifts in the household sector--implications for clean development mechanism," Energy Policy, Elsevier, vol. 34(16), pages 2586-2599, November.
  3. Weitzman, M.L., 1993. "On the 'Environmental' Discount Rate," Harvard Institute of Economic Research Working Papers 1625, Harvard - Institute of Economic Research.
  4. Svendsen, Gert Tinggaard & Vesterdal, Morten, 2001. "How to design Greenhouse Gas Trading in the EU?," Working Papers 01-16, University of Aarhus, Aarhus School of Business, Department of Economics.
  5. Geoffrey Heal & Bengt Kriström, 2002. "Uncertainty and Climate Change," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 22(1), pages 3-39, June.
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