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Sustainable Development and global emission targets: A dynamical systems approach to aid evidence-based policy making
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2018 (English)In: Sustainable DevelopmentArticle in journal (Refereed) Accepted
Abstract [en]

There is broad scientific consensus that increasing global

emissions at current rates will result in irreversible climate

change. The global commitment to the Sustainable Development

Goals and the Paris agreement tries to address this concern

with policy changes. But top-down approaches including

voluntary emission cuts do not seem politically feasible in all

countries. In this paper, we show that moderate voluntary

emission cuts (policy) supplemented by technological developments

and changes in consumption tastes and preferences

induced by educating individuals (stakeholder engagement)

could help achieve emission targets. We use a novel dynamical

systems modeling approach based on economic theory to show

the quantitative tradeoffs between these different approaches.

Using this model, we also show how economic development

may be balanced by global emissions reductions so that, initially,

developing economies can continue along their current

growth trajectories and eliminate poverty, and eventually bear

more of the emissions reduction burden.

Place, publisher, year, edition, pages
2018.
Keyword [en]
Green Solow, emission targets, Sustainable Development Goals, dynamical systems, environment policy, greenhouse gases
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-348669OAI: oai:DiVA.org:uu-348669DiVA, id: diva2:1198174
Available from: 2018-04-16 Created: 2018-04-16 Last updated: 2018-04-16

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