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Assessing Climate TransItion OptioNs: policy vs impacts

Project description

Designing the EU’s future climate agenda

The 2015 Paris Agreement is a key step towards strengthening a global response to address the threat of climate change. Though not binding, it sets the priorities and policies that each of the 190 signatory countries should follow. It also highlights urgent actions to be adopted to promote climate-resilience and low-carbon development. The Paris Agreement demands a periodical update of the actions the individual countries undertake or plan to undertake to achieve global objectives. The EU-funded ACTION project will develop a quantitative method to empirically assess national climate policies in terms of severity, decision and economic impact. Hosted by the universities of Harvard and Ca’Foscari, the project aims to assist EU Member States design their future climate agenda.

Objective

ACTION project aims at enhancing transparency and comparability among countries’ climate change policies while offering insights into a fair and just transition toward the sustainable development. The Paris Agreement, adopted at the end of 2015, affirms the urgency to tackle climate change and foster a climate-resilient and inclusive low-carbon development. The pledge-and-review approach launched by the Agreement requires more than 190 States to periodically update their climate plans toward more ambitious actions. This calls for new systematic tools to track countries’ commitment toward the achievement of global objectives (i.e. limiting the average temperature increase well below 2°C) as well as for a comparison, which considers synergies and adverse impacts arising from national specificities. Falling at the intersection of public policy, climate change economics and climate science, ACTION will develop a quantitative approach to empirically evaluate national climate policies in terms of stringency, determinants, and economic impacts. By assessing the effectiveness of current measures and by identifying successful elements and obstacles, ACTION will support the EU and its Member States to better design their future climate agenda. ACTION will be hosted in two highly qualified institutions: during the outgoing phase (24 months) at Harvard University, under the guidance of Prof. Aldy, and during the incoming phase (12 months) at Ca’Foscari University under the supervision of Prof. De Cian.

Coordinator

UNIVERSITA CA' FOSCARI VENEZIA
Net EU contribution
€ 269 002,56
Address
DORSODURO 3246
30123 Venezia
Italy

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Region
Nord-Est Veneto Venezia
Activity type
Higher or Secondary Education Establishments
Links
Total cost
€ 269 002,56

Partners (1)