A balance of bottom-up and top-down in linking climate policies

Jessica F. Green, Thomas Sterner, Gernot Wagner

    Research output: Contribution to journalReview article

    Abstract

    Top-down climate negotiations embodied by the Kyoto Protocol have all but stalled, chiefly because of disagreements over targets and objections to financial transfers. To avoid those problems, many have shifted their focus to linkage of bottom-up climate policies such as regional carbon markets. This approach is appealing, but we identify four obstacles to successful linkage: different levels of ambition; competing domestic policy objectives; objections to financial transfers; and the difficulty of close regulatory coordination. Even with a more decentralized approach, overcoming the 'global warming gridlock' of the intergovernmental negotiations will require close international coordination. We demonstrate how a balance of bottom-up and top-down elements can create a path toward an effective global climate architecture.

    Original languageEnglish (US)
    Pages (from-to)1064-1067
    Number of pages4
    JournalNature Climate Change
    Volume4
    Issue number12
    DOIs
    StatePublished - Jan 1 2014

    ASJC Scopus subject areas

    • Environmental Science (miscellaneous)
    • Social Sciences (miscellaneous)

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