Climate agreement: Concesions and ratifications [Accord climatique Concessions et ratifications]

Pierre Courtois and Tarik Tazdaït ()
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Tarik Tazdaït: CIRED - centre international de recherche sur l'environnement et le développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - EHESS - École des hautes études en sciences sociales - AgroParisTech - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique

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Abstract: We consider a bargaining game aiming at the full ratification of a climate treaty. Three distinct coalitions are considered: a pro-regime coalition, the so-called Kyoto group, an anti-regime coalition made of the countries rejecting the Kyoto protocol and the G77 coalition made of developing countries. We assume that the pro-regime coalition wants to ratify the treaty as uch while the two other coalitions condition ratification to further concesions. Employing an alternating offers model, we study the concession the pro-regime coalition should make for the others to acept ratify the treaty. We show that the more binding is the ratification constraint of the pro-regime coalition, the lowest is the concesion. Conversely, the more binding the ratification constraints of the two adverse coalitions, the highest should be the concession.

Date: 2008
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Published in Revue Economique, 2008, 59 (4), pp.719-735

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