Economics of Greenhouse Gas Limitations
Summary Guidelines

ISBN: 87-550-2555-2; 87-550-2556-0 (Internet)

TABLE OF CONTENTS

1. INTRODUCTION

2. POLICY ISSUES
2.1    International climate change policy developments
2.1.1    The national decision making framework
2.2    Basic common country study approach: An overview

3. DEVELOPMENT OF SCENARIOS
3.1    National scenario concepts
3.2    Baseline scenarios and projections
3.2.1    Baseline typology
3.2.2    Inclusion of climate change impacts in the baseline scenario
3.2.3    Sources for national baseline development

4. MITIGATION COST ASSESSMENT
4.1    Incremental costs
4.2    Cost assessment approach
4.3    Main cost concepts
4.3.1    Economic opportunity cost or economic cost
4.3.2    External costs, private costs and social costs
4.3.3    Shadow Prices
4.4    Cost assessment levels
4.5    Cost Effectiveness Analysis
4.6    Choice of discount rates
4.7    Implementation issues

5. ASSESSMENT OF BROADER SOCIAL AND ENVIRONMENTAL IMPACTS OF MITIGATION POLICIES
5.1    Evaluating employment effects of GHG projects and policies
5.2    Income distribution and poverty
5.3    Valuation of joint environmental products
5.4    Sustainability
5.5    A framework for integrating quantitative and qualitative impact assessments
5.5.1    Multi-attribute analysis
5.5.2    Conclusions on decision criteria

6. SECTORAL AND MACROECONOMIC ASSESSMENT
6.1    Macroeconomic assessment

7. POLICY INSTRUMENTS
7.1    Command and control (CAC) approach
7.2    Market approach
7.2.1    Market restructuring policies
7.2.2    Issues in policy implementation
7.3    Criteria for the selection of policy instruments

REFERENCES