Research on International Mechanism of Carbon Budget Proposal

Summary

International mechanisms and actions in response to climate change are bound to produce long-term impacts on world economy and international politic. After 2012, the international climate system has five core elements, i.e., shared vision for long-term global cooperative actions, mitigation, adaptation, technology, and funds. The core issue is how to conduct sharing of obligations for greenhouse gas emission reduction or allocation of emission rights in a fair manner, reflecting specific situations of all countries, while ensuring their implementation through corresponding international mechanisms.

This document is an integrated proposal for the international climate system. It places emphasis on giving priority to ensuring people’s basic needs, promoting low-carbon development, containing luxury needs, while achieving the dual goals of equitably sharing emission reduction obligations and protecting global climate.