Paris Report 3: Paris Report 3: Global Action Without Global Governance: Building coalitions for climate transition and nature r

Edited by Jean Pisani-Ferry, Jeromin Zettelmeyer and Beatrice Weder di Mauro

in CEPR Press Books from Centre for Economic Policy Research

Abstract: Global Action Without Global Governance: Building Coalitions for Climate Transition and Nature Restoration, is the second output from the ITCEI initiative. It is a response to a sobering geopolitical reality: that the multilateral order is faltering just as the urgency to address climate change and biodiversity loss reaches a critical juncture. This third volume in the CEPR Paris Report series departs from conventional approaches by proposing a new architecture of international cooperation: one that does not rely on universal consensus, but instead builds momentum through coalitions of willing actors. The report contends that success in climate and nature restoration now hinges on emerging and developing economies, and it offers a pragmatic strategy to align global environmental goals with national economic interests.

Date: 2025 Written 2025-07
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Chapters in this book:

Climate change and India: An overview of the challenges and the policy response

Partha Sen

Climate change mitigation and the preservation of nature: Towards a joined-up agenda

Heather Grabbe, Jean Pisani-Ferry, Simone Tagliapietra and Guntram B. Wolff

Climate finance for Africa: The opportunity for resilience and growth

Vera Songwe

Designing and scaling up nature-based markets

Estelle Cantillon, Eric F. Lambin and Beatrice Weder di Mauro

Foreign transfers, biomass, and biodiversity in the Amazon

Assunção, Juliano and Jose A. Scheinkman

Global climate cooperation after 2024: A proposal for a heavy industry climate coalition

Kimberly Clausing, Joseph Aldy, Dustin Tingley and Catherine Wolfram

Governing the green transition: Planning, markets, and financial governance in China and India

Erik Berglof, Patrick Bolton, Stuart Macintosh, Helene Rey, Abhijit Sen Gupta, Murtaza Syed and Chunping Xie

International climate finance as a win–win: The economic case for coalitions of disposed developed countries to fund decarbonisa

Patrick Bolton and Alissa Kleinnijenhuis

Introduction: Building coalitions for climate transition and nature restoration

Jean Pisani-Ferry, Beatrice Weder di Mauro and Jeromin Zettelmeyer

Planetary waste management – a game changer for climate policy?

Ottmar Edenhofer, Matthias Kalkuhl and Max Franks

Reconciling the European Union’s clean industrialisation goals with those of the Global South

Ben McWilliams, Simone Tagliapietra and Jeromin Zettelmeyer

The green transition: Challenging for all, but even more for middle-income countries

Luca Fornaro, Jean Pisani-Ferry and Lucrezia Reichlin

The Paris Agreement: Successes, shortcomings, and reform options

Guérin, Emmanuel and Laurence Tubiana

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