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Assessing the Effectiveness of EU Countries in Implementing the Paris Agreement

Author

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  • Best, Frank
  • Tang, Anita

Abstract

Climate change, a transnational issue, necessitates international collaboration for effective mitigation. Despite the progress achieved by the Paris Agreement of 2015, a significant milestone in global cooperation, its implementation remains a challenge for both the international community and individual countries. Because of the agreement's optional nature, there are significant differences in terms of the ambition and achievement levels among signatories. The European Union (EU) stands out because of its unique structure and common policies, yet there is a lack of empirical research into their impact on climate policy effectiveness. This paper aims to fill this gap by comparing the effectiveness of the implementation between EU and non-EU countries in terms of policy output, achieving climate targets and an economically sustainable transition. Quantitative regression models show no significant differences concerning policy output and the achievement of climate targets, while they demonstrate greater ambition and success in economically sustainable transition. Our findings contribute to a better understanding of effective climate policies, highlight the positive impact of EU leadership in this regard, and stress the importance of international cooperation.

Suggested Citation

  • Best, Frank & Tang, Anita, 2024. "Assessing the Effectiveness of EU Countries in Implementing the Paris Agreement," EconStor Preprints 300280, ZBW - Leibniz Information Centre for Economics.
  • Handle: RePEc:zbw:esprep:300280
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    File URL: https://www.econstor.eu/bitstream/10419/302321/1/Best-EU-Countries-in-Implementing-Paris-Agreement.pdf
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    More about this item

    Keywords

    climate change; climate policy; Ambition; Climate Policy Effectiveness; climate targets; sustainable transition; Effectiveness; EU Climate Policy; EU Policy; Paris Agreement; Paris Agreement; Paris Agreement Implementation; policy output;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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