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Carmen Bunzl - Universidad Pontificia Comillas

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Chapter 3. Implications of future climate regime architectures 155<br />

(C&C, CDC, Multistage, Triptych and Sectoral) for future international climate<br />

regimes were presented.<br />

To keep 550 ppmv CO2eq. concentration – which would seem, given current<br />

scientific understanding, to be unduly risky 1 - within reach:<br />

Developed country emissions would have to be reduced substantially,<br />

under all the approaches studied.<br />

Developing country emissions need to deviate from the baseline as soon<br />

as possible, for some countries even as of 2020 (Latin America, Middle<br />

East and East Asia). For a 450 ppmv CO2eq. concentration, most<br />

countries would have to participate in emission reductions by 2020.<br />

Actions from developed countries, such as technology transfer and<br />

financial contributions, would be needed to keep emissions in<br />

developing countries below their business-as-usual scenarios.<br />

For those regions that participate under all approaches, i.e. Annex I countries<br />

and the rest of Eastern Europe and the Middle East, the difference in reductions<br />

between stabilization targets (450, 550 and 650 ppmv CO2eq.) is larger than the<br />

difference between the various approaches aiming at the same stabilization<br />

target.<br />

Only for developing countries that participate under some and do not<br />

participate under other approaches, the differences between approaches are<br />

large. For those countries, the criteria for participation are an important<br />

determinant.<br />

3 Regional abatement costs<br />

Several studies have gone one sep further and have, based on emission<br />

allocations, calculated emission reduction costs and possible trades of emission<br />

1 It is “unlikely” that the 2°C will be met (70%-100% risk of stabilizing above) with stabilization at 550<br />

ppmv CO2eq. (Hare and Meinshausen, 2004; Meinshausen, 2005).<br />

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

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