Development Rights in a Carbon-Constrained World

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The good folks at environmental/social justice/global policy think tank EcoEquity have just published an intriguing policy paper about a “Greenhouse Development Rights”, which they call a

Climate protection framework designed to support an emergency climate stabilization program while, at the same time, preserving the right of all people to reach a dignified level of sustainable human development free of the privations of poverty.

More specifically, the GDRs framework quantifies national responsibility and capacity with the goal of providing a coherent, principle-based way to think about national obligations to pay for both mitigation and adaptation.

I plan to write a more in-depth synopsis of the paper soon, but in the meantime, all you people who are threatened by the climate crisis (basically all of you who live on earth), and especially you economic policy-wonk types, should check it out.

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