[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/tpr/glenvp/v15y2015i4p39-62.html
   My bibliography  Save this article

Sharing the Global Climate Finance Effort Fairly with Limited Coordination

Author

Listed:
  • Jonathan Pickering
  • Frank Jotzo
  • Peter J. Wood
Abstract
Mobilizing climate finance for developing countries is crucial for achieving a fair and effective global climate regime. To date, developed countries retain wide discretion over their national contributions. We explore how different degrees of international coordination may influence the fairness of the global financing effort, and we present quantitative scenarios, for both the metrics used to distribute the collective effort among countries contributing funding, and the number of contributing countries. We find that an intermediate degree of coordination—combining nationally determined financing pledges with a robust international review mechanism—may reduce distortions in relative efforts as well as shortfalls in overall funding, while reflecting reasonable differences over what constitutes a fair share. A broader group of contributors may do little to improve adequacy or equity unless it can converge on credible measures of responsibility and capacity. Our analysis highlights the importance of building common understandings about effort sharing.

Suggested Citation

  • Jonathan Pickering & Frank Jotzo & Peter J. Wood, 2015. "Sharing the Global Climate Finance Effort Fairly with Limited Coordination," Global Environmental Politics, MIT Press, vol. 15(4), pages 39-62, November.
    • Handle: RePEc:tpr:glenvp:v:15:y:2015:i:4:p:39-62
    as

    Download full text from publisher

    File URL: http://www.mitpressjournals.org/doi/pdf/10.1162/GLEP_a_00325
    File Function: link to full text PDF
    Download Restriction: Access to PDF is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carè, R. & Weber, O., 2023. "How much finance is in climate finance? A bibliometric review, critiques, and future research directions," Research in International Business and Finance, Elsevier, vol. 64(C).
    2. Wolfgang Buchholz & Dirk Rübbelke, 2020. "Overstraining International Climate Finance: When Conflicts of Objectives Threaten Its Succes," Working Papers 2020.17, Fondazione Eni Enrico Mattei.
    3. Kevin Grecksch & Carola Klöck, 2020. "Access and allocation in climate change adaptation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 20(2), pages 271-286, June.
    4. Li, Jun & Hamdi-Cherif, Meriem & Cassen, Christophe, 2017. "Aligning domestic policies with international coordination in a post-Paris global climate regime: A case for China," Technological Forecasting and Social Change, Elsevier, vol. 125(C), pages 258-274.
    5. Jonathan Pickering & Carola Betzold & Jakob Skovgaard, 2017. "Special issue: managing fragmentation and complexity in the emerging system of international climate finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 1-16, February.
    6. Mariana Reis Maria & Rosangela Ballini & Roney Fraga Souza, 2023. "Evolution of Green Finance: A Bibliometric Analysis through Complex Networks and Machine Learning," Sustainability, MDPI, vol. 15(2), pages 1-23, January.
    7. Wenbing Luo & Ziyan Tian & Shihu Zhong & Qinke Lyu & Mingjun Deng, 2022. "Global Evolution of Research on Sustainable Finance from 2000 to 2021: A Bibliometric Analysis on WoS Database," Sustainability, MDPI, vol. 14(15), pages 1-23, August.
    8. McCauley, Darren & Pettigrew, Kerry A. & Todd, Iain & Milchram, Christine, 2023. "Leaders and laggards in the pursuit of an EU just transition," Ecological Economics, Elsevier, vol. 205(C).
    9. Nadia Basty & Dorsaf Azouz Ghachem, 2022. "A Sectoral Approach of Adaptation Finance in Developing Countries: Does Climate Justice Apply?," Sustainability, MDPI, vol. 14(17), pages 1-18, August.
    10. J. Timmons Roberts & Romain Weikmans, 2017. "Postface: fragmentation, failing trust and enduring tensions over what counts as climate finance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 129-137, February.
    11. Kevin Grecksch & Carola Klöck, 0. "Access and allocation in climate change adaptation," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 0, pages 1-16.
    12. Jonathan Pickering & Paul Mitchell, 2017. "What drives national support for multilateral climate finance? International and domestic influences on Australia’s shifting stance," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 17(1), pages 107-125, February.
    13. Pieter Pauw & Kennedy Mbeva & Harro Asselt, 2019. "Subtle differentiation of countries’ responsibilities under the Paris Agreement," Palgrave Communications, Palgrave Macmillan, vol. 5(1), pages 1-7, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:glenvp:v:15:y:2015:i:4:p:39-62. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kelly McDougall (email available below). General contact details of provider: https://direct.mit.edu/journals .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.