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Economics
HOW MUCH COULD ARTICLE 6 ENHANCE NATIONALLY DETERMINED CONTRIBUTION AMBITION TOWARD PARIS AGREEMENT GOALS THROUGH ECONOMIC EFFICIENCY?
James Edmonds et al.
Summary: The Paris Agreement aims to limit climate change through Nationally Determined Contributions (NDCs) and allows for cooperative implementation to reduce costs by about $300 billion by 2030. More than half of the gains in 2030 could come from nature-based measures, but the long-term potential is limited, and realizing this economic potential will depend on rules and their implementation.
CLIMATE CHANGE ECONOMICS (2021)
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