Informing transparency in the Paris Agreement: the role of economic models

Establishing a credible and effective transparency regime to support the Paris Agreement – broader than its formal ‘transparency framework’ – will be both crucial and challenging. The Agreement provides for review of achievements under national pledges (Nationally Determined Contributions, or NDCs),...

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Main Authors: Jacoby, Henry D., Chen, Y.-H. Henry, Flannery, Brian P., Jacoby, Henry D
Other Authors: Massachusetts Institute of Technology. Joint Program on the Science & Policy of Global Change
Format: Article
Language:en_US
Published: Taylor & Francis 2017
Online Access:http://hdl.handle.net/1721.1/111608
https://orcid.org/0000-0003-1897-1270
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author Jacoby, Henry D.
Chen, Y.-H. Henry
Flannery, Brian P.
Jacoby, Henry D
author2 Massachusetts Institute of Technology. Joint Program on the Science & Policy of Global Change
author_facet Massachusetts Institute of Technology. Joint Program on the Science & Policy of Global Change
Jacoby, Henry D.
Chen, Y.-H. Henry
Flannery, Brian P.
Jacoby, Henry D
author_sort Jacoby, Henry D.
collection MIT
description Establishing a credible and effective transparency regime to support the Paris Agreement – broader than its formal ‘transparency framework’ – will be both crucial and challenging. The Agreement provides for review of achievements under national pledges (Nationally Determined Contributions, or NDCs), but much of this information will become available only well after key steps in the launch of this latest attempt to control human influence on the climate. Still, in these early years, information and understanding of individual and collective performance, and of relative national burdens under the NDCs, will play an important role in the success or failure of the Agreement. However, because of the phasing of various steps in the 5-year cycles under the Agreement and the unavoidable delays of two or more years to produce and review government reports, the Climate Convention and other intergovernmental institutions are ill-suited to carry out timely analyses of progress. Consequently, in advance of formal procedures, academic and other non-governmental groups are going to provide analyses based on available data and their own methodologies. The article explores this transparency challenge – using the MIT Economic Projection and Policy Analysis (EPPA) model to construct sample analyses – and considers ways that efforts outside official channels can contribute to the success of the Agreement.
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spelling mit-1721.1/1116082022-10-01T13:10:05Z Informing transparency in the Paris Agreement: the role of economic models Jacoby, Henry D. Chen, Y.-H. Henry Flannery, Brian P. Jacoby, Henry D Massachusetts Institute of Technology. Joint Program on the Science & Policy of Global Change Sloan School of Management Jacoby, Henry D. Jacoby, Henry D Chen, Y.-H. Henry Establishing a credible and effective transparency regime to support the Paris Agreement – broader than its formal ‘transparency framework’ – will be both crucial and challenging. The Agreement provides for review of achievements under national pledges (Nationally Determined Contributions, or NDCs), but much of this information will become available only well after key steps in the launch of this latest attempt to control human influence on the climate. Still, in these early years, information and understanding of individual and collective performance, and of relative national burdens under the NDCs, will play an important role in the success or failure of the Agreement. However, because of the phasing of various steps in the 5-year cycles under the Agreement and the unavoidable delays of two or more years to produce and review government reports, the Climate Convention and other intergovernmental institutions are ill-suited to carry out timely analyses of progress. Consequently, in advance of formal procedures, academic and other non-governmental groups are going to provide analyses based on available data and their own methodologies. The article explores this transparency challenge – using the MIT Economic Projection and Policy Analysis (EPPA) model to construct sample analyses – and considers ways that efforts outside official channels can contribute to the success of the Agreement. 2017-09-20T15:26:49Z 2017-09-20T15:26:49Z 2017-08 Article http://purl.org/eprint/type/JournalArticle 1469-3062 1752-7457 http://hdl.handle.net/1721.1/111608 Jacoby, Henry D. et al. “Informing Transparency in the Paris Agreement: The Role of Economic Models.” Climate Policy 17, 7 (August 2017): 873–890 © 2017 Informa UK Limited, trading as Taylor & Francis Group https://orcid.org/0000-0003-1897-1270 en_US http://dx.doi.org/10.1080/14693062.2017.1357528 Climate Policy Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf Taylor & Francis Jacoby
spellingShingle Jacoby, Henry D.
Chen, Y.-H. Henry
Flannery, Brian P.
Jacoby, Henry D
Informing transparency in the Paris Agreement: the role of economic models
title Informing transparency in the Paris Agreement: the role of economic models
title_full Informing transparency in the Paris Agreement: the role of economic models
title_fullStr Informing transparency in the Paris Agreement: the role of economic models
title_full_unstemmed Informing transparency in the Paris Agreement: the role of economic models
title_short Informing transparency in the Paris Agreement: the role of economic models
title_sort informing transparency in the paris agreement the role of economic models
url http://hdl.handle.net/1721.1/111608
https://orcid.org/0000-0003-1897-1270
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