30 research outputs found
A fair climate
Meeting the Paris climate goals will require a huge mitigation effort. To find out how and where it might happen, scenarios are usually designed to minimize global economic cost. This approach however assigns most of the effort to developing nations, which have the least resources to deploy carbon cuts, and the least responsibility for past emissions
Economic impacts of EU clean air policies assessed in a CGE framework
This paper assesses the macroeconomic and sectoral impacts of the "Clean Air Policy Package" proposed by the European Commission in December 2013. The analysis incorporates both the expenditures necessary to implement the policy by 2030 and the resulting positive feedback effects on human health and crop production. A decomposition analysis identifies the important drivers of the macroeconomic impacts. We show that while expenditure on pollution abatement is a cost for the abating sectors, it also generates an increased demand for the sectors that produce the goods required for pollution abatement. Moreover, we find that positive feedback effects, particularly those related to health can offset the resource costs associated to the clean air policy and result in positive macroeconomic impacts for the economy of the European Union
A research and development investment strategy to achieve the Paris climate agreement
Climate stabilization requires the deployment of several low-carbon options, some of which are still not available at large scale or are too costly. Governments will have to make important decisions on how to incentivize Research and Development (R&D). Yet, current assessments of climate neutrality typically do not include research-driven innovation. Here, we link two integrated assessment models to study R&D investment pathways consistent with climate stabilization and suggest a consistent financing scheme. We focus on five low-carbon technologies and on energy efficiency measures. We find that timely R&D investment in these technologies lowers mitigation costs and induces positive employment effects. Achieving 2 °C (1.5 °C) requires a global 18% (64%) increase in cumulative low-carbon R&D investment relative to the reference scenario by mid-century. We show that carbon revenues are sufficient to both finance the additional R&D investment requirements and generate economic benefits by reducing distortionary taxation, such as payroll taxes, thus enhancing job creation
Stakeholder engagement and decarbonization pathways: Meeting the challenges of the COVID-19 pandemic
Climate change is an extremely complex challenge characterized by its systemic nature and deep uncertainties. Thus, finding solutions requires a continuing and constructive dialogue between the research community and a wide range of stakeholders from governments, non-governmental organizations, civil society, international organizations, industry, businesses and financial institutions. The ENGAGE project (https://www.engage-climate.org/) is advancing knowledge co-production through an iterative process of stakeholder engagement with two main streams: (i) stakeholder co-design and assessment of global decarbonization pathways and (ii) stakeholder dialogues on national policies and pathways. Both the global and national stakeholder processes are designed to inform multiple project activities, including: conceptualization of feasibility and assessing the feasibility of decarbonization policies and strategies; decarbonization pathway development using integrated assessment models and considering both feasibility and equity; and assessment of the relative importance of climate change impacts vis-à -vis potential co-benefits. With the start of the COVID-19 pandemic six months after the beginning of the project, all of the stakeholder engagement activities had to be organized as online events. Between March 2020 and April 2022, 5 online workshops were organized, two at the global level and 3 at the regional/national level. This paper documents how the challenges of effectively engaging stakeholders in a co-design and dialogue process in an online setting have been met through a process of evaluation and learning that led to the introduction of new approaches and tools to support an inclusive exploration and development of low-carbon transition pathways. We show that a combination of interactive visualizations, open channel surveys and moderated breakout groups are particularly useful tools for online stakeholder engagement. The learning that has taken place through the use of these tools is demonstrated with reference to both the research team (e.g., learning about stakeholders� views on the feasibility of decarbonization pathways) and the stakeholders (e.g. learning about experiences in other countries in dealing with the challenges of decarbonization). Despite several advantages of online engagement, such as the expanded geographical coverage and reduced CO2 emissions, the need to keep online meetings short means that important elements of face-to-face meetings cannot be included
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Mid-century emission pathways in Japan associated with the global 2 °C goal: national and global models’ assessments based on carbon budgets
This study assesses Japan’s mid-century low-emission pathways using both national and global integrated assessment models in the common mitigation scenario framework, based on the carbon budgets corresponding to the global 2 °C goal. We examine high and low budgets, equal to global cumulative 1600 and 1000 Gt-CO2 (2011–2100) for global models, and 36 and 31 Gt-CO2 (2011–2050) in Japan for national models, based on the cost-effectiveness allocation performed by the global models. The impacts of near-term policy assumption, including the implementation and enhancement of the 2030 target of the nationally determined contribution (NDC), are also considered. Our estimates show that the low budget scenarios require a 75% reduction of CO2 emissions by 2050 below the 2010 level, which is nearly the same as Japan’s governmental 2050 goal of reducing greenhouse gas emissions by 80%. With regard to near-term actions, Japan’s 2030 target included in the NDC is on track to meet the high budget scenario, whereas it is falling short for the low budget scenario, which would require emission reductions immediately after 2020. Whereas models differ in the type of energy source on which they foresee Japan basing its decarbonization process (e.g., nuclear- or variable renewable energy-dependent), the large-scale deployment of low-carbon energy (nuclear, renewable, and carbon capture and storage) is shared across most models in both the high and low budget scenarios. By 2050, low-carbon energy represents 44–54% of primary energy and 86–97% of electricity supply in the high and low budget scenarios, respectively
Enhancing global climate policy ambition towards a 1.5 °C stabilization: a short-term multi-model assessment
The Paris Agreement is a milestone in international climate policy as it establishes a global mitigation framework towards 2030 and sets the ground for a potential 1.5 °C climate stabilization. To provide useful insights for the 2018 UNFCCC Talanoa facilitative dialogue, we use eight state-of-the-art climate-energy-economy models to assess the effectiveness of the Intended Nationally Determined Contributions (INDCs) in meeting high probability 1.5 and 2 °C stabilization goals. We estimate that the implementation of conditional INDCs in 2030 leaves an emissions gap from least cost 2 °C and 1.5 °C pathways for year 2030 equal to 15.6 (9.0–20.3) and 24.6 (18.5–29.0) GtCO2eq respectively. The immediate transition to a more efficient and low-carbon energy system is key to achieving the Paris goals. The decarbonization of the power supply sector delivers half of total CO2 emission reductions in all scenarios, primarily through high penetration of renewables and energy efficiency improvements. In combination with an increased electrification of final energy demand, low-carbon power supply is the main short-term abatement option. We find that the global macroeconomic cost of mitigation efforts does not reduce the 2020–2030 annual GDP growth rates in any model more than 0.1 percentage points in the INDC or 0.3 and 0.5 in the 2 °C and 1.5 °C scenarios respectively even without accounting for potential co-benefits and avoided climate damages. Accordingly, the median GDP reductions across all models in 2030 are 0.4%, 1.2% and 3.3% of reference GDP for each respective scenario. Costs go up with increasing mitigation efforts but a fragmented action, as implied by the INDCs, results in higher costs per unit of abated emissions. On a regional level, the cost distribution is different across scenarios while fossil fuel exporters see the highest GDP reductions in all INDC, 2 °C and 1.5 °C scenarios
ENGAGE Summary for Policymakers
As the world faces the risks of dangerous climate change, policymakers, industry and civil society leaders are counting on Integrated Assessment Models (IAMs) to inform and guide strategies to deliver on the objectives of the Paris Agreement (PA) and subsequent agreements. The Exploring National and Global Actions to Reduce Greenhouse Gas Emissions (ENGAGE) project has responded to this challenge by engaging these stakeholders in co-producing a new generation of global and national decarbonization pathways