Climate Change, Mitigation, and Developing Country Growth
This paper deals with global mitigation strategy. More specifically the main purpose is to address the question of whether growth in the developing world is consistent with long?run climate change objectives. The first part of this paper lays out t...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/409651468336028098/Climate-change-mitigation-and-developing-country-growth http://hdl.handle.net/10986/28022 |
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okr-10986-28022 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSORPTION ADJUSTMENT ADVANCED COUNTRIES ADVANCED COUNTRY ADVERSE EFFECTS AFFORESTATION AGGREGATE CARBON AIR ALLOCATION APPROACH ATMOSPHERE AVAILABILITY BOTTOM LINE CAPITAL FLOWS CAPITAL INVESTMENT CAPITAL STOCK CAPS CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CREDIT CARBON CREDITS CARBON DIOXIDE CARBON EMISSIONS CARBON FOOTPRINT CARBON INTENSITY CARBON MARKET CARBON MITIGATION CARBON PRICE CARBON TAXES CARBON TECHNOLOGIES CARBON TRADING CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGIES CLEANER TECHNOLOGY CLIMATE CLIMATE CHANGE CO2 COAL COLORS CONSUMER PRICE CONVERGENCE COST STRUCTURE COUNTRY CASE STUDIES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPING ECONOMY DIVERGENCE DOMESTIC OFFSETS DYNAMICS OF GROWTH ECONOMIC CRISIS ECONOMIC GROWTH ELECTRICITY ELECTRICITY GENERATION EMISSION LEVELS EMISSION REDUCTION EMISSION REDUCTION PROGRAM EMISSIONS EMISSIONS GROWTH EMISSIONS LEVELS EMISSIONS PATHS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS TARGETS EMPLOYMENT ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY POLICIES ENERGY PRICES ENERGY PRICING ENERGY SAVING TECHNOLOGY ENERGY SOURCES ENERGY SUBSIDIES ENERGY USAGE ENERGY USE ENVIRONMENTAL ISSUES ENVIRONMENTAL REGULATION FINANCIAL MARKETS FISCAL POLICIES FIXED COSTS FOSSIL FOSSIL FUEL FOSSIL FUEL PRICES FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL PRICES FUTURE PRICE FUTURES GLOBAL CARBON EMISSION GLOBAL CARBON EMISSIONS GLOBAL CLIMATE GLOBAL CLIMATE CHANGE GLOBAL ECONOMY GLOBAL EFFICIENCY GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL MARKET GLOBAL MARKETS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE STRUCTURE INCOME INSURANCE INTERNATIONAL MARKETS INTERNATIONAL OFFSETS IPCC MARGINAL COST MARGINAL COSTS MARKET PRICE NATURAL GAS NUCLEAR ENERGY NUCLEAR POWER OIL OIL COMPANY OIL CONSUMPTION OUTPUT PARTICULAR COUNTRY PER CAPITA INCOME PER CAPITA INCOMES PERFORMANCE MEASURES POLICY MAKERS POVERTY ALLEVIATION PRICE SIGNAL PRICE VOLATILITY PUBLIC UTILITY RADIATION RATE OF GROWTH REDUCING ENERGY CONSUMPTION REFLECTIVITY RISK MANAGEMENT RISK REDUCTION RISKS OF CLIMATE CHANGE SCENARIOS SMALL COUNTRIES TA TAX TECHNOLOGICAL ADVANCES TECHNOLOGY TRANSFER TEMPERATURE TOTAL COST TOTAL EMISSIONS TRADABLE CARBON TRADING SYSTEM TURNOVER VEHICLES |
| spellingShingle |
ABSORPTION ADJUSTMENT ADVANCED COUNTRIES ADVANCED COUNTRY ADVERSE EFFECTS AFFORESTATION AGGREGATE CARBON AIR ALLOCATION APPROACH ATMOSPHERE AVAILABILITY BOTTOM LINE CAPITAL FLOWS CAPITAL INVESTMENT CAPITAL STOCK CAPS CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CREDIT CARBON CREDITS CARBON DIOXIDE CARBON EMISSIONS CARBON FOOTPRINT CARBON INTENSITY CARBON MARKET CARBON MITIGATION CARBON PRICE CARBON TAXES CARBON TECHNOLOGIES CARBON TRADING CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGIES CLEANER TECHNOLOGY CLIMATE CLIMATE CHANGE CO2 COAL COLORS CONSUMER PRICE CONVERGENCE COST STRUCTURE COUNTRY CASE STUDIES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPING ECONOMY DIVERGENCE DOMESTIC OFFSETS DYNAMICS OF GROWTH ECONOMIC CRISIS ECONOMIC GROWTH ELECTRICITY ELECTRICITY GENERATION EMISSION LEVELS EMISSION REDUCTION EMISSION REDUCTION PROGRAM EMISSIONS EMISSIONS GROWTH EMISSIONS LEVELS EMISSIONS PATHS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS TARGETS EMPLOYMENT ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY POLICIES ENERGY PRICES ENERGY PRICING ENERGY SAVING TECHNOLOGY ENERGY SOURCES ENERGY SUBSIDIES ENERGY USAGE ENERGY USE ENVIRONMENTAL ISSUES ENVIRONMENTAL REGULATION FINANCIAL MARKETS FISCAL POLICIES FIXED COSTS FOSSIL FOSSIL FUEL FOSSIL FUEL PRICES FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL PRICES FUTURE PRICE FUTURES GLOBAL CARBON EMISSION GLOBAL CARBON EMISSIONS GLOBAL CLIMATE GLOBAL CLIMATE CHANGE GLOBAL ECONOMY GLOBAL EFFICIENCY GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL MARKET GLOBAL MARKETS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE STRUCTURE INCOME INSURANCE INTERNATIONAL MARKETS INTERNATIONAL OFFSETS IPCC MARGINAL COST MARGINAL COSTS MARKET PRICE NATURAL GAS NUCLEAR ENERGY NUCLEAR POWER OIL OIL COMPANY OIL CONSUMPTION OUTPUT PARTICULAR COUNTRY PER CAPITA INCOME PER CAPITA INCOMES PERFORMANCE MEASURES POLICY MAKERS POVERTY ALLEVIATION PRICE SIGNAL PRICE VOLATILITY PUBLIC UTILITY RADIATION RATE OF GROWTH REDUCING ENERGY CONSUMPTION REFLECTIVITY RISK MANAGEMENT RISK REDUCTION RISKS OF CLIMATE CHANGE SCENARIOS SMALL COUNTRIES TA TAX TECHNOLOGICAL ADVANCES TECHNOLOGY TRANSFER TEMPERATURE TOTAL COST TOTAL EMISSIONS TRADABLE CARBON TRADING SYSTEM TURNOVER VEHICLES Spence, Michael Climate Change, Mitigation, and Developing Country Growth |
| relation |
Commission on Growth and Development Working Paper;No. 64 |
| description |
This paper deals with global mitigation
strategy. More specifically the main purpose is to address
the question of whether growth in the developing world is
consistent with long?run climate change objectives. The
first part of this paper lays out time paths for emissions
for countries in various categories. These paths are
consistent with countries' growth objectives, incomes,
and capacity to absorb mitigation costs. The intent is to
show that while global emissions are likely to remain flat
or even to rise as a result of the combined effect of
mitigation undertaken by advanced countries and growth in
the developing world, eventually reasonably safe global per
capita levels can be reached on a 50?year time horizon. The
second part of this paper discusses countries' roles in
relation to different categories and mechanisms that will
support the achievement of safe emissions paths. These
mechanisms create incentives and deal with the absorption of
costs. In particular, the paper argues that a carbon credit
trading system in the advanced countries, combined with an
effective cross?border mechanism and a
'graduation' criterion for developing countries to
join the advanced group, will create strong incentives,
achieve a fair pattern of cost absorption, and support the
dynamics described in part one. One point emerges clearly:
the cross?border mechanism (or international offsets) is
essential in dealing with both the efficiency and the cost
absorption and equity challenges of a global mitigation strategy. |
| format |
Working Paper |
| author |
Spence, Michael |
| author_facet |
Spence, Michael |
| author_sort |
Spence, Michael |
| title |
Climate Change, Mitigation, and Developing Country Growth |
| title_short |
Climate Change, Mitigation, and Developing Country Growth |
| title_full |
Climate Change, Mitigation, and Developing Country Growth |
| title_fullStr |
Climate Change, Mitigation, and Developing Country Growth |
| title_full_unstemmed |
Climate Change, Mitigation, and Developing Country Growth |
| title_sort |
climate change, mitigation, and developing country growth |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/409651468336028098/Climate-change-mitigation-and-developing-country-growth http://hdl.handle.net/10986/28022 |
| _version_ |
1764465559191158784 |
| spelling |
okr-10986-280222021-04-23T14:04:45Z Climate Change, Mitigation, and Developing Country Growth Spence, Michael ABSORPTION ADJUSTMENT ADVANCED COUNTRIES ADVANCED COUNTRY ADVERSE EFFECTS AFFORESTATION AGGREGATE CARBON AIR ALLOCATION APPROACH ATMOSPHERE AVAILABILITY BOTTOM LINE CAPITAL FLOWS CAPITAL INVESTMENT CAPITAL STOCK CAPS CAR CARBON CARBON ABATEMENT CARBON CAPTURE CARBON CREDIT CARBON CREDITS CARBON DIOXIDE CARBON EMISSIONS CARBON FOOTPRINT CARBON INTENSITY CARBON MARKET CARBON MITIGATION CARBON PRICE CARBON TAXES CARBON TECHNOLOGIES CARBON TRADING CLEAN ENERGY CLEAN ENERGY TECHNOLOGIES CLEAN TECHNOLOGIES CLEANER TECHNOLOGY CLIMATE CLIMATE CHANGE CO2 COAL COLORS CONSUMER PRICE CONVERGENCE COST STRUCTURE COUNTRY CASE STUDIES DERIVATIVES MARKETS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING ECONOMIES DEVELOPING ECONOMY DIVERGENCE DOMESTIC OFFSETS DYNAMICS OF GROWTH ECONOMIC CRISIS ECONOMIC GROWTH ELECTRICITY ELECTRICITY GENERATION EMISSION LEVELS EMISSION REDUCTION EMISSION REDUCTION PROGRAM EMISSIONS EMISSIONS GROWTH EMISSIONS LEVELS EMISSIONS PATHS EMISSIONS REDUCTION EMISSIONS REDUCTIONS EMISSIONS TARGETS EMPLOYMENT ENERGY CONSUMPTION ENERGY COSTS ENERGY EFFICIENCY ENERGY POLICIES ENERGY PRICES ENERGY PRICING ENERGY SAVING TECHNOLOGY ENERGY SOURCES ENERGY SUBSIDIES ENERGY USAGE ENERGY USE ENVIRONMENTAL ISSUES ENVIRONMENTAL REGULATION FINANCIAL MARKETS FISCAL POLICIES FIXED COSTS FOSSIL FOSSIL FUEL FOSSIL FUEL PRICES FRAMEWORK CONVENTION ON CLIMATE CHANGE FUEL PRICES FUTURE PRICE FUTURES GLOBAL CARBON EMISSION GLOBAL CARBON EMISSIONS GLOBAL CLIMATE GLOBAL CLIMATE CHANGE GLOBAL ECONOMY GLOBAL EFFICIENCY GLOBAL EMISSION GLOBAL EMISSIONS GLOBAL MARKET GLOBAL MARKETS GLOBAL WARMING GREENHOUSE GREENHOUSE GAS GREENHOUSE GAS EMISSIONS GREENHOUSE GASES GROWTH RATE GROWTH RATES HUMAN CAPITAL INCENTIVE STRUCTURE INCOME INSURANCE INTERNATIONAL MARKETS INTERNATIONAL OFFSETS IPCC MARGINAL COST MARGINAL COSTS MARKET PRICE NATURAL GAS NUCLEAR ENERGY NUCLEAR POWER OIL OIL COMPANY OIL CONSUMPTION OUTPUT PARTICULAR COUNTRY PER CAPITA INCOME PER CAPITA INCOMES PERFORMANCE MEASURES POLICY MAKERS POVERTY ALLEVIATION PRICE SIGNAL PRICE VOLATILITY PUBLIC UTILITY RADIATION RATE OF GROWTH REDUCING ENERGY CONSUMPTION REFLECTIVITY RISK MANAGEMENT RISK REDUCTION RISKS OF CLIMATE CHANGE SCENARIOS SMALL COUNTRIES TA TAX TECHNOLOGICAL ADVANCES TECHNOLOGY TRANSFER TEMPERATURE TOTAL COST TOTAL EMISSIONS TRADABLE CARBON TRADING SYSTEM TURNOVER VEHICLES This paper deals with global mitigation strategy. More specifically the main purpose is to address the question of whether growth in the developing world is consistent with long?run climate change objectives. The first part of this paper lays out time paths for emissions for countries in various categories. These paths are consistent with countries' growth objectives, incomes, and capacity to absorb mitigation costs. The intent is to show that while global emissions are likely to remain flat or even to rise as a result of the combined effect of mitigation undertaken by advanced countries and growth in the developing world, eventually reasonably safe global per capita levels can be reached on a 50?year time horizon. The second part of this paper discusses countries' roles in relation to different categories and mechanisms that will support the achievement of safe emissions paths. These mechanisms create incentives and deal with the absorption of costs. In particular, the paper argues that a carbon credit trading system in the advanced countries, combined with an effective cross?border mechanism and a 'graduation' criterion for developing countries to join the advanced group, will create strong incentives, achieve a fair pattern of cost absorption, and support the dynamics described in part one. One point emerges clearly: the cross?border mechanism (or international offsets) is essential in dealing with both the efficiency and the cost absorption and equity challenges of a global mitigation strategy. 2017-08-28T18:55:23Z 2017-08-28T18:55:23Z 2009 Working Paper http://documents.worldbank.org/curated/en/409651468336028098/Climate-change-mitigation-and-developing-country-growth http://hdl.handle.net/10986/28022 English en_US Commission on Growth and Development Working Paper;No. 64 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |