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Climate Teams: A New Model for Investor-Host Climate Cooperation

Book

1 January 2018

Abstract

Presents the Climate Teams model as enabling host and investor countries to cooperate to genuinely reduce global emissions and raise ambition in both countries' NDCs. Key points: a large-scale climate team agreement can demonstrate additionality and avoid leakage; it gives host countries confidence in receiving a return on investment in emissions reductions.

Summary

Introduces the 'Climate Teams' model: a new way for countries to cooperate on climate action, where an investing country helps a host country reduce emissions more ambitiously than it could alone. Both countries benefit: the host country gets investment and clean technology, while the investor country gets emissions credits toward its own climate targets.

Authors

Suzi Kerr, Ruben Lubowski, Robert Heilmayr

Country

Multi-Country

Tags

Article 6 of the Paris AgreementCarbon marketsClimate Action TeamsClimate financeEmissions tradingITMOsInternational cooperationNDC
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