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Unilateral measures and global emissions mitigation

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  • Chatterji, Shurojit
  • Ghosal, Sayantan
  • Walsh, Sean
  • Whalley, John

Abstract

In this paper we discuss global climate change mitigation that builds on existing unilateral actions to deliver ever deepening emission cuts over time. A wide array of unilateral environmental measures have been documented. We discuss the rationale for such measures and argue that unilateral initiatives have the potentialto generate positive spillover e¤ects both within and across countries. Using a simple dynamic model of learning, we show how global negotiations can accelerate convergence to a global low emissions regime by building on and strengthening the positive spillovers inherent in unilateral initiatives.

Suggested Citation

  • Chatterji, Shurojit & Ghosal, Sayantan & Walsh, Sean & Whalley, John, 2009. "Unilateral measures and global emissions mitigation," Economic Research Papers 271285, University of Warwick - Department of Economics.
    • Handle: RePEc:ags:uwarer:271285
    DOI: 10.22004/ag.econ.271285
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    More about this item

    Keywords

    Financial Economics;

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General

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