The Role of Climate Change in Global Economic Governance

• Examines the key problems of global economic governance created by the world-wide challenge of climate change
• Provides a clear assessment of financial and insurance issues related to climate change, and explores how securitization can be applied to risks related to a changing environment
• Addresses a wide range of global economic issues including: the impact of climate change on food production, the polluter pays principle, the micro and macroeconomics of climate change, and the principle of sustainable development

Climate change presents an unprecedented global challenge, and impacts upon a wide range of human economic activity. The issue of how to address climate change in developing countries has provoked international political controversy and the urgent need for effective international responses has become increasingly apparent. The Role of Climate Change in Global Economic Governance addresses the growing number of legal and economic issues that arise with respect to climate change, combining analysis from economic, financial, and legal perspectives. 

The book assesses how the World Trade Organization, international investment law, and the international intellectual property rights regime approach the economic issues raised by climate change. The authors analyse how climate change regulation interacts with international economic law, and consider how financial instruments and insurance can mitigate the risks posed by climate change and facilitate adaptation. It breaks new ground in considering the financial sector's response to climate change, looking at how market mechanisms and risk insurance can reduce its economic cost.

Readership: Scholars and students of international environmental law, with a particular focus on climate change, and international economic law; practitioners and NGO and government legal advisers working in these areas