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From the Paris Agreement to a Low-Carbon Bretton Woods

Rationale for the Establishment of a Mitigation Alliance

  • Michele Stua

Table of contents

  1. Front Matter
    Pages i-xxiii
  2. Axel Michaelowa
    Pages 1-6
  3. Foundation of the Mitigation Alliance

    1. Front Matter
      Pages 7-7
    2. Colin Nolden, Michele Stua
      Pages 9-30
  4. Architecture of the Mitigation Alliance

    1. Front Matter
      Pages 67-67
    2. Michele Stua, Michele Coulon
      Pages 69-84
  5. Effects of the Mitigation Alliance

    1. Front Matter
      Pages 173-173
    2. Michele Stua
      Pages 203-209
  6. Michele Stua
    Pages 211-218
  7. Back Matter
    Pages 219-239

About this book

Introduction

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’.   

Keywords

Paris Agreement and the Carbon Club Systemic innovation and carbon assets Low carbon transitions Greenhouse gas emissions reduction Durable strategy for climate change combat

Authors and affiliations

  • Michele Stua
    • 1
  1. 1.C+3C Sistemi e Strategie srlVeneziaItaly

Bibliographic information