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Green Growth and Equity in the Context of Climate Change: Some Considerations

Author

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  • Sachs, Jeffrey D.

    (Asian Development Bank Institute)

  • Someshwar, Shiv

    (Asian Development Bank Institute)

Abstract

The authors set out to explore some of the ways that equity has been considered in climate change discussions. They discuss per capita emission right approaches, and highlight key challenges in the application of equity in global climate change negotiations. They provide a brief overview of key approaches to carbon financing, focusing on some recent cost estimations of potential climate change impacts, as well as of projected needs for green growth programs. The diversity of estimates and present evidence on the apparent gulf between available public financing and green growth needs are highlighted; and considerations of implementing green growth, focusing on building climate resilience and responding to climate shocks are discussed.

Suggested Citation

  • Sachs, Jeffrey D. & Someshwar, Shiv, 2012. "Green Growth and Equity in the Context of Climate Change: Some Considerations," ADBI Working Papers 371, Asian Development Bank Institute.
    • Handle: RePEc:ris:adbiwp:0371
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    File URL: http://www.adbi.org/files/2012.07.13.wp371.green.growth.climate.change.pdf
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    References listed on IDEAS

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    1. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808, Decembrie.
    2. Stern,Nicholas, 2007. "The Economics of Climate Change," Cambridge Books, Cambridge University Press, number 9780521700801, June.
    3. Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change, Part II. Dynamic Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(2), pages 135-160, February.
    4. Stéphanie Jamet & Jan Corfee-Morlot, 2009. "Assessing the Impacts of Climate Change: A Literature Review," OECD Economics Department Working Papers 691, OECD Publishing.
    5. Brown, Casey & Meeks, Robyn & Ghile, Yonas & Hunu, Kenneth, 2010. "An empirical analysis of the effects of climate variables on national level economic growth," Policy Research Working Paper Series 5357, The World Bank.
    6. Richard Tol, 2002. "Estimates of the Damage Costs of Climate Change. Part 1: Benchmark Estimates," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 21(1), pages 47-73, January.
    7. World Bank, 2010. "World Development Report 2010," World Bank Publications - Books, The World Bank Group, number 4387, April.
    8. Shiv Someshwar, 2008. "Adaptation as ‘Climate-Smart’ Development," Development, Palgrave Macmillan;Society for International Deveopment, vol. 51(3), pages 366-374, September.
    9. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    10. Rob Dellink & Gregory Briner & Christa Clapp, 2010. "Costs, Revenues, and Effectiveness of the Copenhagen Accord Emission Pledges for 2020," OECD Environment Working Papers 22, OECD Publishing.
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    Cited by:

    1. Venkatachalam ANBUMOZHI, 2015. "Low Carbon Green Growth in Asia: What is the Scope for Regional Cooperation?," Working Papers DP-2015-29, Economic Research Institute for ASEAN and East Asia (ERIA).

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    More about this item

    Keywords

    green growth; climate change; carbon financing; climate shocks;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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