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International Environmental Agreements in the Presence of Adaptation

Posted: 7 Mar 2011  

Walid Marrouch

Lebanese American University; CIRANO

Amrita Ray Chaudhuri

affiliation not provided to SSRN

Multiple version iconThere are 4 versions of this paper

Date Written: March 4, 2011

Abstract

We show that adaptive measures undertaken by countries in the face of climate change, apart from directly reducing the damage caused by climate change, may also indirectly mitigate greenhouse gas emissions by increasing the stable size of international agreements on emission reductions. Moreover, we show that the more effective the adaptive measure in terms of reducing the marginal damage from emissions, the larger the stable size of the international environmental agreement. In addition, we show that larger coalitions may lead to lower global emission levels and higher welfare.

Keywords: international environmental agreements, adaptation, coalition formation, climate change

JEL Classification: Q54, Q59

Suggested Citation

Marrouch, Walid and Chaudhuri, Amrita Ray, International Environmental Agreements in the Presence of Adaptation (March 4, 2011). CIRANO Scientific Publications, Vol. 2011s-32. Available at SSRN: https://ssrn.com/abstract=1777328 or http://dx.doi.org/10.2139/ssrn.1777328

Walid Marrouch (Contact Author)

Lebanese American University ( email )

P.O. Box 13 - 5053
Chouran-Beirut
Beirut, 1102 2801
Lebanon

CIRANO ( email )

1130 Rue Sherbrooke #1400
Montreal, Quebec H3A 2M8
Canada

Amrita Ray Chaudhuri

affiliation not provided to SSRN

No Address Available

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