The struggle to fight global warming
“As climate policy currently seems stuck in paralysis, science might bring the impulse to recreate momentum,” Schellnhuber says. “Raising awareness about the planetary boundaries and providing options to tackle global warming are key to finding sustainable development pathways, and greening the millennium goals.”
To this end, Schellnhuber will be co-chairing an interdisciplinary Nobel Laureates Panel in Rio.
While the policy target to limit global warming to less than 2°C above pre-industrial levels has become an important reference point in the international climate policy arena, a suitable policy framework for achieving this target is still under debate.
The new book develops such a framework, but also looks at costs and risks. Today, “the atmosphere has to be seen as a global common – so its management is an economic challenge, but also a crucial matter of global justice,” says Ottmar Edenhofer, chief economist of PIK. “While socio-economic development up to now has been closely coupled to emission increases, we try to show that a new growth path is possible.”
The much applauded concept of green growth alone will not be sufficient, says Edenhofer. It needs to be complemented by a global policy framework of binding emission reductions which sets long-term incentives for investments.
Edenhofer and his co-authors in their book outline a post-2012 treaty. It involves a global cap-and-trade scheme for emission allowances, public support for technology transfer to developing countries, measures including payments to reduce emissions from deforestation, and financial support for adaptation in least developed countries.
Global warming brings misery, especially to poor countries
“Poor people are especially vulnerable to climate change,“ Thomas Loster of Munich Re Foundation says. “Since 1980, more than 80% of the people killed by weather extremes lived in developing countries, our data shows.”
To increase the resilience of populations hit by climate-change-related droughts or floods, he argues, microinsurance for instance offers an opportunity to deal with shocks. “So financial instruments could be an important part of adaptation,” he says. “But a new risk perception is needed - both locally and globally.”
A double global fight
“The fight against poverty and against climate change will be won – or lost – together,” says Bernd Bornhorst of Misereor. As an organization for development cooperation, “we see in our daily work how development in poor countries is closely linked to combating global warming.”
The new book “provides both glasses for the short-sighted and a map indicating ways towards sustainable development,” he says. But what is known about the preparations for Rio+20 in many states “raises doubts that those gathering in Brazil are really willing to turn towards sustainability.”
“With an appropriate design and implementation, the post-2012 treaty we propose in the book could also support the poor,” Johannes Müller of IGP points out. “The outcome in terms of climate change mitigation, adaptation, and sustainable development would be effective, efficient, and equitable.”