Editor’s choice
Editor’s choice
This paper describes a new model, Climate and Regional Economics of Development (CRED), which is designed to analyze the economics of climate and development choices.
The model’s principal innovations are the treatment of global equity, calculation of the optimum interregional flows of resources, and use of McKinsey marginal abatement cost curves to project the cost of mitigation.
CRED shows more equitable scenarios have better climate outcomes; the challenge of climate policy is to persuade high-income countries to accept the need for both international equity and climate protection.
An updated version of this paper is available as SEI-U.S. Working Paper WP-US 1003.
Perspective / Collaborative and multi-benefit approaches with nature-based solutions can help build a resilient, equitable water future for the Mekong Region.
Perspective / The EU and Mercosur countries' treaty puts the two trade blocks in a position to lead towards responsible production of these materials for a green transition.
Event on 26 June in Madrid / Sarah Foster will explain how creative approaches can make climate change and sustainability education more accessible, emotional and actionable.
