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Synthesis: Searching for a Global Architecture

Author

Listed:
  • Angela Köppl
  • Claudia Kettner-Marx
  • Andreas Türk

    (WIFO)

  • Michael Mehling

    (Ecologic Institute)

Abstract

The outcome of the Durban Climate Conference in December 2011 will lead to a more fragmented climate regime after 2012. While a few countries may continue with the Kyoto Protocol, its governance and its rules, the majority of countries will proceed with the bottom-up approach of voluntarily proposing and reviewing reduction targets at least until 2020 when a new global treaty may come into force. Designing this transition period will be a major challenge. This ICPIA synthesis paper includes lessons from other ICPIA work packages in order to draw conclusions for improving the design of the climate regime for the time after 2012 and after 2020. The paper concludes that finding a common ground on important design features, such as accounting or new market mechanisms, in the short term will impact the ability to create a comprehensive agreement in the long term.

Suggested Citation

  • Angela Köppl & Claudia Kettner-Marx & Andreas Türk & Michael Mehling, 2012. "Synthesis: Searching for a Global Architecture," WIFO Studies, WIFO, number 44540.
    • Handle: RePEc:wfo:wstudy:44540
    as

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    References listed on IDEAS

    as
    1. Claudia Kettner & Daniela Kletzan-Slamanig & Angela Köppl, 2015. "Climate policy integration: evidence on coherence in EU policies," Chapters, in: Larry Kreiser & Mikael S. Andersen & Birgitte E. Olsen & Stefan Speck & Janet E. Milne & Hope Ashiab (ed.), Environmental Pricing, chapter 1, pages 3-17, Edward Elgar Publishing.
    2. Claudia Kettner-Marx & Daniela Kletzan-Slamanig & Angela Köppl, 2011. "The EU Emission Trading Scheme. Allocation Patterns and Trading Flows," WIFO Working Papers 402, WIFO.
    3. Andrew Prag & Christina Hood & André Aasrud & Gregory Briner, 2011. "Tracking and Trading: Expanding on Options for International Greenhouse Gas Unit Accounting after 2012," OECD/IEA Climate Change Expert Group Papers 2011/5, OECD Publishing.
    4. Claudia Kettner-Marx & Angela Köppl & Stefan Schleicher, 2012. "Carbon Authority as Price Stabilising Institution in the EU ETS," WIFO Studies, WIFO, number 44536, March.
    5. Andreas Tuerk & Michael Mehling & Christian Flachsland & Wolfgang Sterk, 2009. "Linking carbon markets: concepts, case studies and pathways," Climate Policy, Taylor & Francis Journals, vol. 9(4), pages 341-357, July.
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