@incollection{EdenhoferFlachslandJakob, author = {Edenhofer, Ottmar and Flachsland, Christian and Jakob, Michael}, title = {The Atmosphere as a Global Commons - Challenges for International Cooperation and Governance}, series = {The Handbook on the Macroeconomics of Climate Change}, booktitle = {The Handbook on the Macroeconomics of Climate Change}, publisher = {Oxford University Press}, address = {Oxford}, isbn = {978-0199856978}, pages = {260 -- 296}, language = {en} } @article{FlachslandJakobSteckeletal.2014, author = {Flachsland, Christian and Jakob, Michael and Steckel, Jan C. and Baumstark, Lavinia}, title = {Climate Finance for Developing Country Mitigation: Blessing or Curse?}, series = {Climate and Development}, volume = {7}, journal = {Climate and Development}, number = {1}, publisher = {Taylor \& Francis}, issn = {1756-5537}, doi = {10.1080/17565529.2014.934768}, pages = {1 -- 15}, year = {2014}, abstract = {Under the United Nations Framework Convention on Climate Change, industrialized countries have agreed to cover the incremental costs of climate change mitigation in developing countries and recent climate negotiations have reaffirmed the central role of climate finance for global mitigation efforts. We use an integrated energy-economy-climate model to assess the potential magnitude of financial transfers to developing countries that can be expected under non-market transfer mechanisms as well as international emission trading with several allocation schemes. Our results indicate that for the latter, depending on international permit allocation rules financial transfers to developing countries could reach almost USD bln 400 per year in 2020, with Sub-Saharan Africa receiving financial inflows of as much as 14.5\% of its GDP. Reviewing the literature on natural resource revenues, official development assistance and foreign direct investment, we identify three major channels through which such sizable financial inflows may induce harmful effects for recipients: volatility, Dutch disease, and rent-seeking and corruption. We discuss the relevance of these mechanisms for climate finance and identify institutional arrangements which could help to avoid a 'climate finance curse'. We conclude that there is no deterministic relationship between financial inflows and adverse consequences, as the most serious problems could be prevented or at least alleviated by appropriately designed policies and governance provisions.}, language = {en} } @article{FlachslandMarschinskiJakob, author = {Flachsland, Christian and Marschinski, Robert and Jakob, Michael}, title = {Sectoral Linking of carbon markets: A trade-theory analysis}, series = {Resource and Energy Economics}, volume = {34}, journal = {Resource and Energy Economics}, number = {4}, publisher = {Elsevier}, address = {Mexico}, issn = {1873-0221}, doi = {10.1016/j.reseneeco.2012.05.005}, pages = {585 -- 606}, abstract = {The linking of emission trading systems (ETS) is a widely discussed policy option for future international cooperation on climate change. Benefits are expected from efficiency gains and the alleviation of concerns over competitiveness. However, from trade-theory it is known that due to general equilibrium effects and market distortions, linking may not always be beneficial for all participating countries. Following-up on this debate, we use a Ricardo-Viner type general equilibrium model to study the implications of sectoral linking on carbon emissions ('leakage'), competitiveness, and welfare. By comparing pre- and post-linking equilibria, we show analytically how global emissions can increase if one of the 'linked' countries lacks an economy-wide emissions cap, although in case of a link across idiosyncratic sectors a decrease of emissions ('anti-leakage') is also possible. If - as a way to address concerns about competitiveness - a link between the EU ETS and a hypothetical US system is established, the partial emission coverage of the EU ETS can lead to the creation of new distortions between the non-covered domestic and international sector. Finally, we show how the welfare effect from linking can be decomposed into gains-from-trade and terms-of-trade contributions, and how the latter can make the overall effect ambiguous.}, language = {en} } @article{EdenhoferFlachslandJakobetal., author = {Edenhofer, Ottmar and Flachsland, Christian and Jakob, Michael and Hilaire, J{\´e}r{\^o}me}, title = {Immer heißer. Es gibt nicht zu wenig, sondern zu viel fossile Ressourcen - sie m{\"u}ssen in der Erde bleiben}, series = {Le monde diplomatique}, journal = {Le monde diplomatique}, language = {de} } @techreport{FlachslandEdenhoferJakobetal., type = {Working Paper}, author = {Flachsland, Christian and Edenhofer, Ottmar and Jakob, Michael and Steckel, Jan}, title = {Developing the International Carbon Market : Linking Options for the EU ETS ; Report to the Policy Planning Staff in the Federal Foreign Office}, pages = {105 S.}, language = {en} } @techreport{EdenhoferFlachslandJakobetal., type = {Working Paper}, author = {Edenhofer, Ottmar and Flachsland, Christian and Jakob, Michael and Lessmann, Kai}, title = {The Atmosphere as a Global Commons - Challenges for International Cooperation and Governance. MCC working paper 1-2013, and Discussion Paper 2013-58, Harvard Project on Climate Agreements, Belfer Center for Science and International Affairs, Harvard Kennedy School}, language = {en} } @article{EdenhoferFlachslandJakobetal., author = {Edenhofer, Ottmar and Flachsland, Christian and Jakob, Michael and Hilaire, J{\´e}r{\^o}me}, title = {Den Klimawandel stoppen: Es gibt nicht zu wenig, sondern zu viel fossile Ressourcen - sie m{\"u}ssen in der Erde bleiben}, series = {Atlas der Globalisierung: Weniger wird mehr - Der Postwachstumsatlas}, journal = {Atlas der Globalisierung: Weniger wird mehr - Der Postwachstumsatlas}, pages = {90 -- 93}, language = {de} } @article{SteckelJakobFlachslandetal., author = {Steckel, Jan Christoph and Jakob, Michael and Flachsland, Christian and Kornek, Ulrike and Lessmann, Kai and Edenhofer, Ottmar}, title = {From climate finance towards sustainable development finance}, series = {WIREs Climate Change}, volume = {8}, journal = {WIREs Climate Change}, number = {1}, doi = {10.1002/wcc.437}, pages = {8}, abstract = {Decarbonizing the global energy system requires large-scale investment flows, with a central role for international climate finance to mobilize private funds. The willingness to provide international finance in accordance with common but differentiated responsibilities was acknowledged by the broad endorsement of the Paris Agreement, and the Green Climate Funds in particular. The international community aims to mobilize at least USD 100 billion per year for mitigation and adaption in developing countries. In this article, we argue that too little attention has been paid on the spending side of climate finance, both in the political as well as the academic debate. To this end, we review the challenges encountered in project-based approaches of allocating climate finance in the past. In contrast to project-based finance, we find many advantages to spending climate finance in support of price-based national policies. First, the support for international climate cooperation is improved when efforts of successively rising domestic carbon pricing levels are compensated. Second, carbon pricing sets incentives for least-cost mitigation. Third, investing domestic revenues from emission pricing schemes could advance a country's individual development goals and ensure the recipient's 'ownership' of climate policies. We conclude that by reconciling the global goal of cost-efficient mitigation with national policy priorities, climate finance for carbon pricing could become a central pillar of sustainable development and promote international cooperation to achieve the climate targets laid down in the Paris Agreement.}, language = {en} } @article{EdenhoferKnopfBurghausetal., author = {Edenhofer, Ottmar and Knopf, Brigitte and Burghaus, Kerstin and Flachsland, Christian and Jakob, Michael and Koch, Nicolas}, title = {Shifting Paradigms in Carbon Pricing}, series = {Intereconomics}, volume = {53}, journal = {Intereconomics}, number = {3}, doi = {10.1007/s10272-018-0735-6}, pages = {135 -- 140}, abstract = {Carbon pricing is essential to achieve a reduction in global CO2 emissions. A carbon price can either be set directly via a carbon tax (price control) or be achieved through a cap-and-trade system (quantity control). While there has been much debate about the relative merits of each approach, cap-and-trade systems have been favoured in the political arena. In principle, they offer the most straightforward way to achieve a country's emission reduction target by simply setting the cap at the remaining emission budget. Existing emissions trading schemes (ETSs) can be found in Europe, California and Qu{\´e}bec, for example.}, language = {en} } @incollection{DasguptaEdenhoferAmezquitaetal., author = {Dasgupta, Purnamita and Edenhofer, Ottmar and Amezquita, Adriana Mercedes Avendano and Bento, Antonio M. and Caney, Simon and De la Croix, David and Fosu, Augustin Kwasi and Jakob, Michael and Saam, Marianne and Shrader-Frechette, Kristin and Flachsland, Christian and Weyant, John and You, Liangzhi and Delgado-Ramos, Gian and Dorsch, Marcel J. and Klenert, David and Lempert, Robert and Leroux, Justin and Lessmann, Kai and Liu, Junguo and Mattauch, Linus and Perrings, Charles and Schwerhoff, Gregor and Seyboth, Kristin and Streckel, Jan}, title = {Economic Growth, Human Development, and Welfare}, series = {Rethinking Society for the 21st Century Report of the International Panel on Social Progress}, booktitle = {Rethinking Society for the 21st Century Report of the International Panel on Social Progress}, publisher = {Cambridge University Press}, isbn = {9781108399661}, doi = {10.1017/9781108399661}, publisher = {Hertie School}, pages = {139 -- 184}, abstract = {Economic Growth, Human Development, and Welfare" of the 2018 Report of the International Panel on Social Progress (IPSP). Mission of the IPSP: The International Panel on Social Progress (IPSP) will harness the competence of hundreds of experts about social issues and will deliver a report addressed to all social actors, movements, organizations, politicians and decision-makers, in order to provide them with the best expertise on questions that bear on social change. The Panel will seek consensus whenever possible but will not hide controversies and will honestly present up-to-date arguments and analyses, and debates about them, in an accessible way. The Panel will have no partisan political agenda, but will aim at restoring hope in social progress and stimulating intellectual and public debates. Different political and philosophical views may conceive of social progress in different ways, emphasizing values such as freedom, dignity, or equality. The Panel will retain full independence from political parties, governments, and organizations with a partisan agenda. While the Panel will primarily work for the dissemination of knowledge to all relevant actors in society, it will also foster research on the topics it will study and help to revive interest for research in social long-term prospective analysis}, language = {en} }