INASUD project findings on integrated assessment of climate policies

Authors: Hourcade J-C.¹; Ha-Duong M.²; Grübler A.³; Tol R.S.J.⁴

Source: Integrated Assessment, Volume 2, Number 1, March 2001 , pp. 31-35(5)

Publisher: Springer

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Abstract:

This communication summarizes the main findings of INASUD, an European-wide research project on integrated assessment of climate policies. The project aimed at improving the framing of climate policy analysis through the parallel use of various existing integrated assessment models. It provides a comprehensive examination of the link between uncertainty regarding damages and inertia in economic systems. Results show that the Kyoto targets and timing are consistent with the precautionary principle but offers little insurance for longer-term climate protection. Flexibility mechanisms offer potentials for cooperation with developing countries, and are necessary to tap the environmental and economic benefits of joint carbon and sulfur emissions abatement.

Keywords: integrated assessment modeling; climate policy; Kyoto protocol; dynamic consistency; double dividend; cooperation

Language: English

Document Type: Regular paper

Affiliations: 1: Centre International de Recherche sur l'Environnement et le Développement, CNRS; mail to CIRED, campus du Jardin Tropical, 45bis avenue de la Belle Gabrielle, F-94736 Nogent sur Marne Cedex, France E-mail: haduong@centre-cired.fr 2: Centre International de Recherche sur l'Environnement et le Développement, CNRS; mail to CIRED, campus du Jardin Tropical, 45bis avenue de la Belle Gabrielle, F-94736 Nogent sur Marne Cedex, France 3: International Institute for Applied System Analysis, Laxenburg, Austria 4: Institute for Environmental Studies, Vrije Universiteit, Amsterdam, The Netherlands

Publication date: 2001-03-01