Description
Book SynopsisCoping with the Climate Crisis brings together leading experts from academia and policy circles to explore issues related to the implementation of the COP21 Paris Agreement and the challenges of accelerating the transition toward sustainable development. The book synthesizes the key insights of climate change economics in an accessible guide.
Trade ReviewThe Paris Agreement will only find its way into the history books if we manage to implement it.
Coping with the Climate Crisis looks at precisely that topic, making the latest economic research on climate change user friendly for policy makers. -- Klaas Knot, president, De Nederlandsche Bank
Whether you believe in the science or not or care about future generations or not, climate change is already affecting your welfare.
Coping with the Climate Crisis demonstrates that the world is moving rapidly from identifying climate-change problems to implementing solutions. The authors articulate how our economies must evolve and our institutions strengthen in resolve and focus. A must-read for all consumers, investors, businesses, and policy makers globally—skeptical or otherwise. -- Adrian Orr, governor, Reserve Bank of New Zealand, and CEO, New Zealand Superannuation Fund
Bringing together contributions from some of the world's foremost economic practitioners and theorists, this accessible book will be useful to both policy makers and academics wishing to understand the frontier of climate change economics and the possible future of climate policy around the globe. -- Ben Groom, London School of Economics
Strongly endorses it as a reference for scholars and policy makers. * Choice *
In sum, this book emphasizes global pricing of carbon and a tax imposed on emitters. It shows that there can be venues of agreement between stakeholders to reduce GHG emissions. * Philippine Political Science Journal *
Table of ContentsForeword, by Nizar Baraka, President of the Scientific Committee of COP22
Acknowledgments
Introduction, by Rabah Arezki, Patrick Bolton, Karim El Aynaoui, and Maurice Obstfeld
Part I: The Energy Transition and Its Consequences1. Reducing Energy Greenhouse Gas Emissions to Meet Our Climate Goals: An Overview, by Philippe Benoit
2. Transitional Risks and the Safe Carbon Budget, by Rick van der Ploeg
Part II: Carbon Pricing and Dealing with Uncertainty3. Fighting Climate Change and the Social Cost of Carbon, by Christian Gollier
4. How Should Countries Price Fossil Fuels?, by Ian Parry
5. Should Carbon Pricing Be Different Across Countries?, by Katheline Schubert
6. Needed: Robustness in Climate Economics, by Ted Loch-Temzelides
Part III: Implementing Climate Agreements7. Improving Paris: Credibility, Technology, and Conservation, by Bård Harstad
8. Can a Uniform Carbon-Price Commitment Help to Resolve the Global Warming Problem?, by Martin L. Weitzman
9. Addressing Climate Change: Does the IMF Have a Role?, by Maurice Obstfeld
10. Post-Paris Clean Energy Options for China, by Ujjayant Chakravorty, Carolyn Fischer, and Marie-Helene Hubert
Part IV: Finance and Sustainable Infrastructure11. Financing Sustainable Infrastructure, by Thierry Déau and Julien Touati
12. Climate Change: A Policy-Making Case Study of Capital Markets’Mobilization for Public Good, by Jean Boissinot and Frédéric Samama
Contributors
Index
