Download This PaperMapping Climate Justice: Future Climate Wealth of Nations
In J.M. Puaschunder (2019), Intergenerational Governance and Leadership in the Corporate World, pp.178-190. Hershey, Pennsylvania: IGI Publishing. ISBN 9781522580034
10 Pages Posted: 14 Apr 2019 Last revised: 14 Jun 2019
Date Written: March 17, 2019
Abstract
This chapter introduces a 3-dimensional climate justice approach combining intra-country, intra-country and inter-temporal aspects. The goal is to find ways to distribute the benefits and burden of climate change in an economically efficient, legally equitable and practically feasible way around the globe. Climate justice within a country pays tribute to low- and high income households carrying the same burden proportional to their dispensable income through consumption tax, progressive carbon taxation and a corporate inheritance tax. Climate change burden sharing between countries ensures those countries benefiting more from a warmer environment bear higher responsibility regarding climate change mitigation and adaptation. Climate justice over time is proposed by a bonds climate change burden sharing strategy (Puaschunder, 2018, forthcoming).
Keywords: Adaptation, Climate Bonds, Climate Justice, Climate Wealth of Nations, Climate Finance, Fairness, Inheritance Tax, Intergenerational Responsibility, International Law, Mitigation, Progressive Taxation
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