Consumptionbased accounting in climate negotiations Annela Anger-Kraavi Cambridge Econometrics Carbon-CAP Side Event UNFCCC SB42, Bonn, Germany Wednesday, 10 June 2015 ORNL CDIAK, 2011 • assessment of the effectiveness, efficiency and equity of consumption-based climatechange-reduction policies (including related transformations in the international flows of trade, investments, technology transfer, and diffusion of innovation) • assessment of the uncertainties related to different modelling methodologies Interactive modelling (WP7) Consumption based emission reduction policies and measures (portfolio)/technologies/economic development/policies and politics/and so on >scenarios>model runs>outputs>….. • E3ME (Cambridge Econometrics, UK) macroeconometric energy-environmenteconomy (E3) model • EXIOMOD (TNO, Netherlands) a Global Computable General Equilibrium (CGE) model based on detailed EXIOBASE MREEIO • FIDELIO (IPTS, Spain) a dynamic econometric input-output model based on Eurostat's supply and use tables and the WIOD Scenarios 2020- 2050: • Reference scenario – IEA WEO 2014 current policies and IEA WEO 2014 + Paris COP21 pledges (INDCs) • Policy scenarios - addressing indirect (supply chain) and indirect + direct emissions (end use related emissions) • Outputs - changes in GDP, employment, trade, investment, recourse use, GHG and non-GHG emissions Expected outcome: a policy portfolio of consumption based policies that shifts the burden back to developed countries and also results in reduction of production and consumption based emissions in developing countries Problems: no accounting standards, reporting and verification, current methods give a range of results (differences <30%) Thank You! [email protected]
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