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Fairness- and cost-effectiveness-based approaches to effort-sharing under the Paris agreement

Author

Listed:
  • Wachsmuth, Jakob
  • Denishchenkova, Alexandra
  • Fekete, Hanna
  • Parra, Paola
  • Schaeffer, Michiel
  • Ancygier, Andrzej
  • Sferra, Fabio

Abstract

The current nationally determined contributions of the Parties to the Paris Agree-ment are far from being sufficient to achieve the long-term goal to limit global warming. Therefore, the question of how to distribute the global mitigation burden among the Parties in a fair and cost-effective way remains topical. In this paper, approaches based on different fairness criteria and the criterion of cost-effective-ness are applied to a global emission budget compatible with the Paris targets and evaluated for the globally largest emitters including the EU as well as Ger-many. The results show that domestic mitigation efforts need to be increased in the majority of those countries even more than for the below-2êC limit of the Can-cun Agreements. Moreover, even if the cost-effective level is assumed to be reached, there remains a strong need for support by the historical large emitters to others from a fairness perspective.

Suggested Citation

  • Wachsmuth, Jakob & Denishchenkova, Alexandra & Fekete, Hanna & Parra, Paola & Schaeffer, Michiel & Ancygier, Andrzej & Sferra, Fabio, 2019. "Fairness- and cost-effectiveness-based approaches to effort-sharing under the Paris agreement," Working Papers "Sustainability and Innovation" S04/2019, Fraunhofer Institute for Systems and Innovation Research (ISI).
    • Handle: RePEc:zbw:fisisi:s042019
    DOI: 10.24406/publica-fhg-299671
    Note: Im Rahmen des UFOPLAN-Vorhabens "Implikationen des Pariser Klimaschutzabkommens auf nationale Klimaschutzanstrengungen".
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    References listed on IDEAS

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