November 28, 2010

Comparing the Copenhagen Emissions Targets

by Frank Jotzo

- Following the Copenhagen climate Accord, developed and developing countries have pledged to cut their greenhouse gas emissions, emissions intensity or emissions relative to baseline. This analysis puts the targets for the major countries on a common footing, and compares them across different metrics. The findings suggest that targets for most major countries are broadly compatible in important metrics, and that while the overall global ambition falls short of a two degree trajectory, the targets by key developing countries including China can be considered commensurate in the context of what developed countries have pledged.

Jotzo, F. (2010). "Comparing the Copenhagen Emissions Targets." CCEP working paper 1.10, Nov 2010.