Optimal Transfers and Participation Decisions in International Environmental Agreements

Arbeitspapier

The literature on international environmental agreements has recognized the role transfers play in encouraging participation in international environmental agreements (IEAs), but the few results achieved so far are overly specific and do not exploit the full potential of transfers for successful treaty-making. Therefore, in this paper, we develop a framework that enables us to study the role of transfers in a more systematic way. We propose a design for transfers using both internal and external financial resources and making “welfare optimal agreements” self-enforcing. To illustrate the relevance of our transfer scheme for actual treaty-making, we use a well-known integrated assessment model of climate change to show how appropriate transfers may be able to induce almost all countries into signing a self-enforcing climate treaty.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Nota di Lavoro ; No. 50.2005

Classification and Topics

• Classification: Wirtschaft ; Noncooperative Games ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; Renewable Resources and Conservation: Water ; Renewable Resources and Conservation: Government Policy
• Subject: Self-enforcing international environmental agreements ; Climate policy ; Transfers ; Umweltabkommen ; Klimaschutz ; Internationaler Transfer ; Welt

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Carraro, Carlo ; Eyckmans, Johan ; Finus, Michael
• Event: Veröffentlichung
• (who): Fondazione Eni Enrico Mattei (FEEM)
• (where): Milano
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/74060
• Last update: 10.03.2025, 11:46 AM CET