The concept of “climate clubs” has emerged and matured in several expert-driven processes over the past few years. The idea is that multilateral negotiations can be complemented with “coalitions of the willing” on various climate-related issues, in particular where there is a need for a high degree of policy coordination. Among the areas which have been identified as suitable for carbon clubs are carbon pricing or technology.
Within the multilateral process of the UNFCCC, Workstream 2 of the ADP explores opportunities for cooperative initiatives to accelerate action on climate change.
This half-day workshop, organised by the Stanley Foundation, Climate Strategies, IDDRI and ICTSD, examined and further developed the proposition of nurturing a “club” of enhanced climate ambition based around the interrelationship of carbon pricing, technology investment and trade. The objective was to inform policymaking towards a climate agreement at COP 21 as well as the implementation phase.
The workshop addressed a range of relevant questions, such as the motivations for clubs, reasons for linking pricing and technology, the issue of “club goods”, possible interactions with the multilateral trading system and ways to take this club approach forward in the context of COP 21 and beyond.
Attendance was by invitation only.