Global emissions continue to rise and are inconsistent with limiting the rise in global temperature to 2°C and avoiding catastrophic consequences of climate change.
Meeting this epochal challenge requires the development and implementation of long-term, country-specific decarbonisation strategies.
This talk draws from recent OECD empirical evidence to highlight the challenges countries face in implementing mitigation policies. Studies based on surveys and microdata highlight the presence of several market imperfections, adverse distributional effects, and public acceptability constraints.
The talk makes a case for a comprehensive mitigation policy mix and offers some potential venues to policy to intervene at the national and international level.