The Governance Architecture of Climate Agreements in the Light of Risky Geoengineering
12 Pages Posted: 13 Apr 2022
Abstract
We analyze how geoengineering, associated with a high risk of collateral damages, affects the governance architecture of climate agreements. We clarify under which conditions signatories to a climate agreement can avoid that non-signatories deploy risky geoengineering. We correct and qualify the results of Millard-Ball (2012): not only must collateral damages be above but also below a threshold such that the threat to deploy geoengineering can stabilize a climate agreement on reducing greenhouse gases.
Keywords: mitigation-geoengineering game, coalition stability, solar radiation management, collateral damages
Suggested Citation: Suggested Citation
Finus, Michael and Furini, Francesco, The Governance Architecture of Climate Agreements in the Light of Risky Geoengineering. Available at SSRN: https://ssrn.com/abstract=4082787 or http://dx.doi.org/10.2139/ssrn.4082787
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.