An international team of researchers in collaboration with climate negotiators from several countries and private sector carbon trading experts are developing a new mechanism for international climate cooperation.

Climate change mitigation costs differ widely across different countries. Countries with high marginal abatement costs are willing to transfer significant resources to increase the speed of transition to zero net emissions in countries with lower marginal costs. Currently there is no effective, credible international mechanism promoting emission reductions in all sectors, but the cooperative approaches of Article 6.2 of the Paris Agreement provide space for innovation.

A ‘climate team’ offers a new model to enable host and partner countries to cooperate to genuinely reduce global emissions and enable more ambitious Nationally Determined Contributions in both. It can reassure host countries about the return to their investment in emissions reductions beyond the NDC and leverage private investment. The large scale of a climate team facilitates the demonstration of additionality and the avoidance of carbon leakage. Climate Teams can take advantage of existing national monitoring and reporting frameworks, increasing transparency.

An international team of researchers in collaboration with climate negotiators from several countries and private sector carbon trading experts are developing a new mechanism for international climate cooperation.

Climate change mitigation costs differ widely across different countries. Countries with high marginal abatement costs are willing to transfer significant resources to increase the speed of transition to zero net emissions in countries with lower marginal costs. Currently there is no effective, credible international mechanism promoting emission reductions in all sectors, but the cooperative approaches of Article 6.2 of the Paris Agreement provide space for innovation.

A ‘climate team’ offers a new model to enable host and partner countries to cooperate to genuinely reduce global emissions and enable more ambitious Nationally Determined Contributions in both. It can reassure host countries about the return to their investment in emissions reductions beyond the NDC and leverage private investment. The large scale of a climate team facilitates the demonstration of additionality and the avoidance of carbon leakage. Climate Teams can take advantage of existing national monitoring and reporting frameworks, increasing transparency.

Climate teams presentation –  University of Pennsylvania Date: 2019 Presenter: Suzi Kerr A presentation by Suzi Kerr at University of Pennsylvania on how a Climate Teams model could work internationally to get the globe to net-zero long-lived greenhouse gas emissions. This

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Climate Teams a new model for climate cooperation

Project time frame:  2017 – 2019 Research goal:  The development of an international cooperation model to form a climate team to secure international transfer mitigation outcomes (ITMOs). The project has four components: 1           Conceptual design of

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Universidad de los Andes, Colombia Universidad de los Andes is an autonomous, independent, and innovative institution that fosters pluralism, tolerance, and respect for ideas. It aims for academic excellence while providing rigorous critical and ethical character development, in order to

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Ana María Ibáñez

Professor, Universidad de los Andes

Ana María Ibáñez is a professor in the School of Economics at Universidad de los Andes. She is the former dean of the School of Economics at Universidad de los Andes and the Director of El Centro de Estudios sobre

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Santiago Saavedra

Assistant Professor, Universidad del Rosario

Santiago Saavedra is an assistant professor of economics at Universidad del Rosario in Bogotá, Colombia. His research interests are at the intersection of development and environmental economics. In particular, he studies how economic development affects natural resources, and how this

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Angela Inés Cadena Monroy

Associate Professor, Universidad de los Andes

Dr. Angela Ines Cadena Monroy is an associate professor in the Electrical and Electronic Engineering Department at the University of los Andes, Bogotá. She has a PhD in Management Sciences from the University of Geneva. She has more than 30

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