Post-2020 climate agreements in the major economies assessed in the light of global models

Journal Article · Mon Dec 15 00:00:00 EST 2014 · Nature Climate Change, 5:119–126

DOI:https://doi.org/10.1038/nclimate2475· OSTI ID:1184959

Tavoni, Massimo; Kriegler, Elmar; Riahi, Keywan; Van Vuuren, Detlef; Aboumahboub, Tino; Bowen, Alex; Calvin, Katherine V.; Campiglio, Emanuele; Kober, Tom; Jewell, Jessica; Luderer, Gunnar; Marangoni, Giacomo; McCollum, David; van Sluisveld, Mariesse; Zimmer, Anne; van der Zwaan, Bob

Integrated assessment models can help in quantifying the implications of international climate agreements and regional climate action. This paper reviews scenario results from model intercomparison projects to explore different possible outcomes of post-2020 climate negotiations, recently announced pledges and their relation to the 2°C target. We provide key information for all the major economies, such as the year of emission peaking, regional carbon budgets and emissions allowances. We highlight the distributional consequences of climate policies, and discuss the role of carbon markets for financing clean energy investments, and achieving efficiency and equity.

• Research Organization: Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
• Sponsoring Organization: USDOE
• DOE Contract Number: AC05-76RL01830
• OSTI ID: 1184959
• Report Number(s): PNNL-SA-101907; KP1703030
• Journal Information: Nature Climate Change, 5:119–126, Journal Name: Nature Climate Change, 5:119–126
• Country of Publication: United States
• Language: English