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The Great climate debate : A Developing country perspective

Author

Listed:
  • B. Sudhakara Reddy

    () (Indira Gandhi Institute of Development Research)

  • Gaudenz B. Assenza

    (Palacky University Olomouc, Czech Republic)

Abstract

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.

Suggested Citation

  • B. Sudhakara Reddy & Gaudenz B. Assenza, 2008. "The Great climate debate : A Developing country perspective," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2008-008, Indira Gandhi Institute of Development Research, Mumbai, India.
  • Handle: RePEc:ind:igiwpp:2008-008
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    File URL: http://www.igidr.ac.in/pdf/publication/WP-2008-008.pdf
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    References listed on IDEAS

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    1. Weitzman Martin L., 1994. "On the Environmental Discount Rate," Journal of Environmental Economics and Management, Elsevier, vol. 26(2), pages 200-209, March.
    2. 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.
    3. 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.
    4. Svendsen, Gert Tinggaard & Vesterdal, Morten, 2003. "How to design greenhouse gas trading in the EU?," Energy Policy, Elsevier, vol. 31(14), pages 1531-1539, November.
    5. Reddy, B. Sudhakara, 2003. "Overcoming the energy efficiency gap in India's household sector," Energy Policy, Elsevier, vol. 31(11), pages 1117-1127, September.
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    Cited by:

    1. Mehdi Abbas, 2011. "Carbon border adjustement, trade and climate governance : issues for OPEC economies," Post-Print halshs-00617923, HAL.

    More about this item

    Keywords

    Climate change; Sceptic; Supporter; Developing country;

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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