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Das Pariser Abkommen droht zu scheitern. Was jetzt?

Ockenfels Axel () and Pahle Michael ()
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Ockenfels Axel: Universität zu Köln Department of Economics Köln Deutschland
Pahle Michael: Potsdam-Institut für Klimafolgenforschung P.O. Box 60 12 03 14412 Potsdam Deutschland

Zeitschrift für Wirtschaftspolitik, 2025, vol. 74, issue 1, 29-40

Abstract: The effectiveness of the Paris Agreement is undermined by its reliance on unilateral commitments rather than reciprocal ones. While approaches to reciprocal climate policies exist through climate clubs, carbon border adjustments and development partnerships, their current implementation often falls short. We argue for a reorientation of European climate strategy towards international cooperation through coordinated carbon pricing and technological innovation, especially in the face of growing threats to global climate governance.

Date: 2025
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DOI: 10.1515/zfwp-2025-2002

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Zeitschrift für Wirtschaftspolitik is currently edited by Juergen B. Donges, Steffen J. Roth, Achim Wambach and Christian Watrin

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