Proposals for climate clubs so far have varied significantly, making it difficult to evaluate the relative merits of different approaches. The intention of this paper is to share insights on how governments can conceive and develop climate clubs.
This paper provides a broad overview of some of the more prominent proposals for climate clubs and suggests that they can be assessed based on the following three factors:
- Compliance with WTO Rules
Based on these three factors, the paper concludes with recommendations for governments that are considering negotiating climate clubs.