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From the Paris Agreement to a Low-Carbon Bretton Woods: Rationale for the Establishment of a Mitigation Alliance

From the Paris Agreement to a Low-Carbon Bretton Woods: Rationale for the Establishment of a Mitigation Alliance

Author: Michele Stua
Publisher: Springer-Verlag
ISBN: 9783319546988
Published In: March 2017
Format: Paperback
Jurisdiction: Switzerland ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

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This book investigates the existing and possible links between the concept of a Carbon Club and the Paris Agreement. In doing so the book defines those criteria that may lead to an effective establishment of a Carbon Club acting within the mandate of the Paris Agreement and identifies the key questions that such an option may help to tackle:

Which low-carbon pathways are compatible with the new temperature targets set by the Paris Agreement?
Can new entities like the Carbon Club have a decisive role in guaranteeing the alignment of the aggregate mitigating actions with the global objectives identified within the Paris Agreement?
What role will be played by market and non-market approaches within the proposed framework?
How can economic, social, and environmental sustainability be ensured during the implementation of the Agreement?
How can justice and equity be encouraged between the Parties and all the involved actors as required by the Agreement?
Which instruments can be designed and adopted to provide the expected degree of transparency for the new system?

To respond to these questions the book adopts a holistic approach, able to emphasize the strong interrelations. The book discusses the opportunity to develop a Carbon Club within the Article 6 framework, and provides a feasible roadmap for its means of implementation, rules and governance structure. The final result is a feasible policy proposal that takes into account all the key issues introduced by the questions, and draws a roadmap towards a 'low-carbon Bretton Woods'.

Preface

Introduction: The Paris Agreement: Opportunities and Limits for Climate Change

Part I - The Paris Agreement and the Carbon Club: Prominence of Article 6

Part II The Carbon Club: Features and Structure within Article 6

Part III the Governance of the Club and its Key Implications

Part IV Conclusions: Scenarios and Policy Recommendations.