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.

Environmental Defense Fund Guided by science and economics, we tackle urgent threats with practical solutions. EDF is a 501(c)(3) nonprofit organization. It is one of the world’s largest environmental organizations, with more than two million members and a staff of

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Matthias Fripp

University of Hawaii

Matthias Fripp is an Associate Professor of Electrical Engineering at the University of Hawaii at Manoa. He received Ph.D. and Master’s degrees from the Energy and Resources Group at the University of California, Berkeley, in 2008 and 2003. He received

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Catherine Leining

Policy Fellow/Research Analyst, MOTU Economic and Public Policy Research

Catherine Leining has over 26 years of international policy experience with specialisation in climate change mitigation policy. As a Policy Fellow at Motu Economic and Public Policy Research, she leads Motu’s research and engagement programme on “Shaping New Zealand’s Low-Emission

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Ruben Lubowski

Chief Natural Resource Economist, Environmental Defense Fund

Before joining the Environmental Defense Fund, Ruben spent five years at the U.S. Department of Agriculture’s Economic Research Service as a natural resource and agricultural economist and the agency’s specialist on land use. He also developed and managed environmental projects

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Robert Heilmayr

Assistant Professor, UC Santa Barbara

Robert Heilmayr is an Assistant Professor of environmental and ecological economics at the University of California, Santa Barbara’s Environmental Studies Program, and the Bren School of Environmental Science and Management. Heilmayr combines approaches from economics, geography, and ecology to explore

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