Implications of Emissions Limitation Protocols and Concentration Stabilization Trajectories for Developing (Non-Annex I) Countries

Fondazione Eni Enrico Mattei Working Paper No. 18.98

30 Pages Posted: 17 Sep 1998

See all articles by P.R. Shukla

P.R. Shukla

Indian Institute of Management (IIM), Ahmedabad

Abstract

The ultimate objective of the Framework Convention on Climate Change - FCCC (UNEP/WMO, 1992) is stabilization of greenhouse gases concentration in the atmosphere at a level that would prevent dangerous anthropogenic interference with the climate system. The concentration level and the time frame for stabilization are two vital aspects affecting this objective. These are not explicitly specified in the FCCC, although the references to cost effectiveness, sustainable development, integration of climate change policies with national development programs etc. in the statement of principles (Article 3, FCCC) provide some guidance for deciding these issues. Evidently, to achieve any reasonable stabilization target, the global emissions will have to decline to levels far below the present emissions (IPCC, 1995; Wigley et al, 1996). A specified stabilization concentration level can be achieved by an infinite emissions trajectories. An aim of the climate change limitation agreement is to choose a concentration target and a corresponding emissions trajectory which is cost effective.

JEL Classification: Q28, Q38

Suggested Citation

Shukla, Pryadarshi R., Implications of Emissions Limitation Protocols and Concentration Stabilization Trajectories for Developing (Non-Annex I) Countries. Fondazione Eni Enrico Mattei Working Paper No. 18.98, Available at SSRN: https://ssrn.com/abstract=125788 or http://dx.doi.org/10.2139/ssrn.125788

Pryadarshi R. Shukla (Contact Author)

Indian Institute of Management (IIM), Ahmedabad ( email )

Vastrapur
Public Systems Group
Ahmedabad 380015, Gujarat
India
91 79 6307241 (Phone)
91 79 6306896 (Fax)

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