Description

Book Synopsis
Beleaguered by mutual recrimination between rich and poor countries, squeezed by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic and hence bargaining power between these countries, international cooperation on climate change has floundered. Given these three factors - which Arvind Subramanian and Aaditya Mattoo call the “narrative,” “adding up,” and “new world” problems - the wonder is not the current impasse; it is, rather, the belief that progress might be possible at all.

In this book, the authors argue that any chance of progress must address each of these problems in a radically different way. First, the old narrative of recrimination must cede to a narrative based on recognition of common interests. Second, leaders must shift the focus away from emissions cuts to technology generation. Third, the old “cash-for-cuts” approach must be abandoned for one that requires contributions from all countries calibrated in magnitude and form to their current level of development and future prospects.

Greenprint: A New Approach to Cooperation on

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      Book details

      Publisher Center for Global Development
      Published 28 February 2013
      ISBN-13 9781933286679
      978-1933286679
      ISBN-10 1933286679
      Also in:
      Business, Finance & Law Development economics Law Public international law: environment Globalization

      Description

      Book Synopsis
      Beleaguered by mutual recrimination between rich and poor countries, squeezed by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic and hence bargaining power between these countries, international cooperation on climate change has floundered. Given these three factors - which Arvind Subramanian and Aaditya Mattoo call the “narrative,” “adding up,” and “new world” problems - the wonder is not the current impasse; it is, rather, the belief that progress might be possible at all.

      In this book, the authors argue that any chance of progress must address each of these problems in a radically different way. First, the old narrative of recrimination must cede to a narrative based on recognition of common interests. Second, leaders must shift the focus away from emissions cuts to technology generation. Third, the old “cash-for-cuts” approach must be abandoned for one that requires contributions from all countries calibrated in magnitude and form to their current level of development and future prospects.

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