From the Paris Agreement to a Low-Carbon Bretton Woods
Rationale for the Establishment of a Mitigation Alliance
- 262pages
- 10 heures de lecture
This book explores the connections between the concept of a Carbon Club and the Paris Agreement, defining criteria for establishing an effective Carbon Club within the Agreement's framework. It addresses key questions, such as identifying low-carbon pathways that align with the Paris Agreement's temperature targets, and whether new entities like the Carbon Club can ensure that collective actions meet global objectives. The text examines the roles of market and non-market approaches, while emphasizing the importance of economic, social, and environmental sustainability during implementation. It also considers how to promote justice and equity among Parties and stakeholders, as mandated by the Agreement, and discusses the necessary instruments for transparency in the new system. Adopting a holistic approach, the book highlights the interconnections among these issues and discusses the potential for developing a Carbon Club under Article 6. It offers a practical roadmap for implementation, including governance structures and rules. Ultimately, the book presents a viable policy proposal that addresses the critical issues raised and outlines a path toward a 'low-carbon Bretton Woods.'
