International Environmental Agreement and Trade in Environmental Goods: The Case of Kyoto Protocol

Author(s):  
Trang My Tran
2003 ◽  
Vol 38 (2) ◽  
pp. 139-161
Author(s):  
Marco Verweij

Global Warming Poses the Gravest of Ecological Risks, and presents numerous hurdles to international environmental agreement. A major initiative to pre-empt this threat is the Kyoto Protocol to the United Nations Framework Convention on Climate Change. In this article, I argue that this treaty constitutes an ineffective attempt to curb global warming, and should be replaced by an alternative set of domestic and international policies.


Author(s):  
Gabriela POPOVICIU

The Kyoto Protocol is the first international environmental agreement that sets legally binding greenhouse gas emissions (GHG) targets and timetables for Annex I countries. It incorporates emissions trading (ET), joint implementation (JI) and the clean development mechanism (CDM). From this perspective, this paper follows three aspects: (1) the global carbon trading market based on the principles of the Clean Development Mechanism (CDM) and the Kyoto Protocol, with special reference to Romania; (2) in the same time, the paper estimates the potential for Romania of the green investment scheme (GIS) under this Protocol. (3) Finally, the paper presents the National Framework Policy on CDM and GIS in Romania.


Author(s):  
Mitchell Ronald B

This chapter describes the conceptual and theoretical challenges raised by efforts to understand international environmental agreement (IEA) compliance and effectiveness. Both compliance and non-compliance can arise for reasons unrelated to an IEA's causal influence. Equating IEA compliance (comparing state behaviours to legal standards) with IEA influence can overstate the latter by conflating IEA-induced compliance and ‘coincidental’ compliance, in which state behaviours meet IEA standards for reasons unrelated to the IEA. States may negotiate IEA obligations that require no change in their behaviours, may comply because doing so is cheaper than violation, or may lack the capacity to violate IEA rules. Equating non-compliance with a lack of IEA influence also misleads because it ignores the fact that IEAs can lead states to take well-intended actions that fall short of legal standards, as when IEAs set ambitious obligations or exogenous changes put compliance out of reach. Indeed, IEAs with aggressive obligations may be highly effective despite having high non-compliance rates. Thus, the chapter argues that investigations of compliance improve to the extent that scholars use them to identify the causal influence of IEAs rather than a causal assessment of rule-following.


2021 ◽  
Author(s):  
Hassan Benchekroun ◽  
Halis Murat Yildiz

We determine the impact of free trade on the sustainability of an international environmental agreement (IEA) and incorporate it into the assessment of the net benefits of opening up to free trade. We show that such an analysis can reverse the conclusions reached within a standard one-shot game framework. First, we examine a one shot game and argue that the benefits from an increase in economic activity due to free trade outweigh the extra cost of free trade associated with larger environmental damage. Then, we analyze the infinite repetition of the one-shot game where countries can use trigger strategies and show that there exist circumstances where an IEA is sustainable under autarky but not under free trade. This aggravates the environmental damages caused by free trade and leads to the possibility that autarky may welfare dominate free trade. This conclusion remains valid even when countries adopt the most cooperative environmental policy when the "fully cooperative" environmental policy is not sustainable.


Sign in / Sign up

Export Citation Format

Share Document