Abstract
A common approach for addressing climate change is to reduce the cost of greenhouse gas mitigation through market-based mechanisms, which enable an economically efficient allocation of emissions. However, from a human development perspective, a market-based approach to emission allocation might not be appropriate, considering the value it places on social well-being. This research builds on previous empirical work to develop a framework for conceptualizing the relationship between carbon dioxide (CO2) emissions and human development using the capability approach. The framework enables a critical examination of policy prescriptions that employ market-based methods for emission allocation due to their potential for unintended consequences for underdeveloped nations. Lastly, we offer a theoretical policy proposal aimed at preventing unintended human development consequences.
Original language | English (US) |
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Pages (from-to) | 1-10 |
Number of pages | 10 |
Journal | Environment Systems and Decisions |
Volume | 35 |
Issue number | 1 |
DOIs | |
State | Published - Mar 2015 |
Keywords
- Capability approach
- Climate change
- Climate policy
- Development equity
- Human development index
ASJC Scopus subject areas
- General Environmental Science