April 06, 2011

Contribution to the Special Report on Climate Change by the EBRD

 The European Bank for Reconstruction and Development has released the  'The low carbon transition' - a special report on climate change mitigation in the countries from central Europe to central Asia. The report looks back at the determinants of emission reductions in the region over the past 20 years and analyses the policies and institutions necessary to make the transition to a low carbon future.

Chapter 2: The economic impacts of climate change mitigation policy (1MB - PDF) uses scenarios that I generated with Massimo Tavoni using the WITCH model.

Chart 2.5 from the Report presents our major finding synthetically.