Citation

Discussion Paper Details

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Title: Modelling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement

Author(s): Valentina Bosetti, Carlo Carraro, Alessandra Sgobbi and Massimo Tavoni

Publication Date: October 2008

Keyword(s): Climate Policy, Integrated Modelling and International Agreements

Programme Area(s): International Trade and Regional Economics

Abstract: This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness; distributional implications; and their political acceptability which is measured in terms of feasibility and enforceability. The ultimate aim is to derive useful information for designing a future agreement on climate change control.

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Bibliographic Reference

Bosetti, V, Carraro, C, Sgobbi, A and Tavoni, M. 2008. 'Modelling Economic Impacts of Alternative International Climate Policy Architectures: A Quantitative and Comparative Assessment of Architectures for Agreement'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=6995