The role of climate change in global economic governance 1st Edition by Bradly Condon, Tapen Sinha 0191668133 9780191668135

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ISBN 10: 0191668133

ISBN 13: 9780191668135

Author: Bradly J. Condon, Tapen Sinha

Climate change presents an unprecedented global challenge, and impacts upon a wide range of human economic activity. The issue of how to address climate change in developing countries has provoked international political controversy and the urgent need for effective international responses has become increasingly apparent. The Role of Climate Change in Global Economic Governance addresses the growing number of legal and economic issues that arise with respect to climate change, combining analysis from economic, financial, and legal perspectives. The book assesses how the World Trade Organization, international investment law, and the international intellectual property rights regime approach the economic issues raised by climate change. The authors analyse how climate change regulation interacts with international economic law, and consider how financial instruments and insurance can mitigate the risks posed by climate change and facilitate adaptation. It breaks new ground in considering the financial sector’s response to climate change, looking at how market mechanisms and risk insurance can reduce its economic cost.

The role of climate change in global economic governance 1st Table of contents:

1. The Climate Change Policy Puzzle

1.1 Introduction

1.2 Scientific Foundations and Potential Effects

1.3 Political Economy of Climate Change

1.4 Mitigation, Adaptation, and Global Governance

1.5 Technology Transfer for Mitigation and Adaptation

1.6 Themes in Subsequent Chapters

Appendix to Chapter 1: Climate Change and the American People

2. International Legal Framework

2.1 Introduction

2.2 UN Framework Convention on Climate Change

2.3 Sustainable Development Principle

2.4 Precautionary Principle

2.5 Common but Differentiated Responsibilities

2.6 Polluter-Pays Principle

2.7 Environmental Impact Assessment

2.8 Unilateral Measures and State Jurisdiction

2.9 Conclusion

3. Unresolved Issues in WTO Law

3.1 Introduction

3.2 Emerging Climate Change Policies

3.3 Environmental Subsidies

3.4 “Like Products” and Processing and Production Methods

3.5 GATT Article XX

3.6 Technical Barriers to Trade

3.7 Conclusion

4. International Investment Agreements

4.1 Introduction

4.2 WTO Law and International Investment Agreements

4.3 International Investment and Climate Change Measures

4.4 Applying Investment Agreements to Climate Measures

4.5 Performance Requirements

4.6 Nondiscrimination Obligations

4.7 Minimum Standard in Customary International Law

4.8 Compensation for Expropriation

4.9 Rights of Investors versus Right to Regulate

4.10 Conclusion

5. Intellectual Property Rights for New Plant Varieties

5.1 Introduction

5.2 TRIPS Article 27

5.3 UPOV Convention

5.4 Convention on Biological Diversity

5.5 Conclusion

6. Economics of Climate Change

6.1 Introduction

6.2 Environmental Economics and Climate Change

6.3 Calculating Effects of Climate Change with Macroeconomic Models

6.4 Climate Sensitivity Index of Countries

6.5 Conclusion

Appendix to Chapter 6

7. Climate Change and the Financial Industry

7.1 Introduction

7.2 Mitigation Lessons from SO2 Market

7.3 CO2 Markets

7.4 Adaptation, Mitigation, and Insurance

7.5 Conclusion

8. Climate Finance

8.1 Introduction

8.2 Multilateral Financing Mechanisms

8.3 Climate Finance and WTO Subsidies Law

8.4 Fossil Fuel Subsidies

8.5 Financing Adaptation by Subsistence Farmers

8.6 Financing Clean Energy Projects

8.7 Private Sector Finance and Technology Transfer

8.8 Conclusion

9. Creating Incentives and Removing Obstacles

Selected Bibliography

Books and Monographs

Journal Articles

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