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The political economy of the Paris Agreement: Income inequality and climate policy

Bel, G; Teixidó, JJ; (2020) The political economy of the Paris Agreement: Income inequality and climate policy. Journal of Cleaner Production , 258 , Article 121002. 10.1016/j.jclepro.2020.121002. Green open access

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Abstract

We empirically assess how both between-country inequality and within-country inequality relate to climate policy ambition as defined by NDC pledges of the Paris Agreement (COP21). We exploit the difference between high and low ambition targets submitted by parties to construct a climate policy ambition index. We find that both inequalities shape countries’ pledges: First, low income countries tend to be more ambitious in setting their pledges when external support is received. Second, within-country inequality is associated with (i) lower mitigation ambition in low and middle-low-income countries, and with (ii) higher mitigation ambition, although non statistically significant, for upperhigh and high-income countries. Our results are discussed in terms of (i) climate policy being a superior good in rich countries, and (ii) elites benefiting from emitting economic activities in poorer countries.

Type: Article
Title: The political economy of the Paris Agreement: Income inequality and climate policy
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.jclepro.2020.121002
Publisher version: https://doi.org/10.1016/j.jclepro.2020.121002
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science
URI: https://discovery.ucl.ac.uk/id/eprint/10123043
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