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Fairness in Global Climate Change Finance

By Andrew Pendleton and Simon Retallack

March 2009 © ippr 2009

Institute for Public Policy Research Challenging ideas – Changing policy

2ippr |Fairness in Global Climate Change Finance

Contents

About ippr ............................................................................................................................. 3 Acknowledgements ............................................................................................................... 3 Summary................................................................................................................................ 4 List of abbreviations .............................................................................................................. 9 Introduction......................................................................................................................... 10 1. Estimating costs .............................................................................................................. 12 2. Financing proposals......................................................................................................... 15 3. Building a North–South finance package ....................................................................... 22 4. Allocating financial obligations ....................................................................................... 25 Conclusions.......................................................................................................................... 31 References ........................................................................................................................... 33

3ippr |Fairness in Global Climate Change Finance

About ippr

The Institute for Public Policy Research (ippr) is the UK’s leading progressive think tank, producing cutting-edge research and innovative policy ideas for a just, democratic and sustainable world. Since 1988, we have been at the forefront of progressive debate and policymaking in the UK. Through our independent research and analysis we define new agendas for change and provide practical solutions to challenges across the full range of public policy issues. With offices in both London and Newcastle, we ensure our outlook is as broad-based as possible, while our international and migration teams and climate change programme extend our partnerships and influence beyond the UK, giving us a truly world-class reputation for high quality research.

ippr,30-32 Southampton Street, London WC2E 7RA. Tel: [phone] E: [e-mail] www.ippr.org. Registered Charity No. 800065

This paper was first published in March 2009.© ippr 2009

Acknowledgements ippr would like to thank the Heinrich Böll Foundation for its kind funding and support for this project.