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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 2. Options for future climate change architectures 93<br />

Coordinated<br />

policies and<br />

measures<br />

Technology<br />

oriented<br />

agreements<br />

Development-<br />

oriented actions<br />

Global emission<br />

level uncertain.<br />

Individual<br />

measures may be<br />

effective. Success is<br />

a function of<br />

compliance.<br />

Depends on<br />

funding, when<br />

technologies are<br />

developed and<br />

policies for<br />

diffusion. Focuses<br />

on the long term,<br />

may not be able to<br />

reach low<br />

stabilization levels.<br />

May be small in the<br />

short term, but can<br />

early lead to less<br />

carbon intensive<br />

development with<br />

impact in long-term<br />

emissions.<br />

Depends on<br />

national policies<br />

and design of<br />

synergies.<br />

3.1.1 Environmental effectiveness<br />

Depends on policy<br />

design.<br />

Depends on R&D<br />

risk. Cooperation<br />

reduces individual<br />

national risk.<br />

Marginal costs<br />

across all sectors<br />

would no be<br />

equalized.<br />

Depends on the<br />

package of policies<br />

and the extent of<br />

integration with<br />

other development<br />

objectives.<br />

May limit<br />

flexibility, but<br />

increase equity.<br />

Emphasizes the<br />

need to act rather<br />

than to meet a<br />

particular target.<br />

Intellectual<br />

property concerns<br />

may be an obstacle<br />

to technology<br />

transfer.<br />

They focus<br />

specifically on the<br />

equity aspect of the<br />

need for economic<br />

development, but<br />

this depends<br />

mainly on<br />

distributional<br />

effects of<br />

development<br />

policies.<br />

Easier with a<br />

smaller group of<br />

countries than at a<br />

global scale.<br />

Many separate<br />

decisions. Depends<br />

on research<br />

capacity and long-<br />

term funding.<br />

Depends mainly on<br />

the national<br />

infrastructure to<br />

implement policies<br />

and measures and<br />

of priority given to<br />

sustainable<br />

development.<br />

Environmental effective agreements lead to reductions in global GHG<br />

emissions and concentrations, or decrease climate impacts. Their success<br />

depends greatly on the incentives provided in order to achieve the specific<br />

outcome.<br />

A critical element in the effectiveness of an international agreement is its<br />

implementation context: it will certainly be more successful in a country with a<br />

Escuela Técnica Superior de Ingeniería ICAI <strong>Carmen</strong> <strong>Bunzl</strong> Boulet Junio 2008

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