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Aerial view of the Amazon Rainforest, near Manaus, the capital of the Brazilian state of Amazonas. Neil Palmer (CIAT). Source: Wikimedia Commons.
This post was authored by Sabine Fuss, Group Leader for Sustainable Resource Management and Global Change at the Mercator Research Institute on Global Commons and Climate Change (MCC), Ruben Lubowski, Chief Natural Resource Economist at EDF, and
Alexander Golub, Adjunct Professor of Environmental Science at American University
The protection of tropical forests globally is indispensable for significantly increasing climate ambition in line with Paris Agreement goals as illustrated by a tremendous return on climate investment, according to our new article in the journal Global Sustainability.
12/09/2020 - Global greenhouse-gas emission reductions could be achieved in a fair and thrifty way by surprisingly small variations of well-known policies. This is shown by a team of economists in a quantitative study now published in Nature. Differentiated CO2 prices in different countries combined with moderate financial transfers from advanced to developing countries would do the job. These changes would be most efficient in achieving fair burden sharing and at the same time keep overall costs in check, the researchers find. This could solve the epic trilemma to unite cost-efficiency, national sovereignty and fair effort-sharing. Power lines in North York, Canada. Photo: Moreka Kazemi on Unsplash