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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 3. Implications of future climate regime architectures 129<br />

1 Introduction<br />

1.1 Introduction<br />

The Kyoto Protocol is only a first step towards reaching the ultimate<br />

objective of the UNFCCC, “to achieve … stabilization of greenhouse gas<br />

concentrations in the atmosphere at a level that would prevent dangerous<br />

anthropogenic interference with the climate system” (UNFCCC 1992).<br />

International negotiations on the future climate change regime have already<br />

started, both under and outside the UNFCCC and the Kyoto Protocol. These<br />

discussions need an analytical basis on the possible impacts that a future regime<br />

design could have on countries.<br />

In this Chapter, the implications that different future climate change regime<br />

architectures will have on countries are assessed. Here, the focus is on regional<br />

emission allocations and abatement costs at a global scale - other studies have<br />

modeled emission allowances within groups of countries, e.g. within the EU<br />

(which will be discussed in Chapter 4, in order to better assess these impacts on<br />

Spain).<br />

First, an overview of literature of different studies aiming at quantitatively<br />

compare different future climate change architectures, is presented in Section<br />

1.2, in order to choose the most comprehensive analysis.<br />

Section 2 describes the global emission levels needed to reach stabilization of<br />

greenhouse gas (GHG) concentrations. Three levels of ambition are explored –<br />

stabilizing GHG concentrations at 450, 550 and 650 parts per million by volume<br />

carbon dioxide equivalent (ppmv CO2eq.).<br />

Section 3 provides required emission reductions for the different (groups of)<br />

countries according to different approaches for the future climate regime<br />

(Höhne et al., 2007). The approaches selected have all been previously<br />

introduced in Chapter 2: Contraction an Convergence (Section 2.1.2.2),<br />

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

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