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The Role of Socio-Economic Development in the Ambitious Goals of Countries’ Policies

ФИО студента: Taisiia Ovchinnikova

Руководитель: Ilya A. Stepanov

Кампус/факультет: Faculty of World Economy and International Affairs

Программа: World Economy (Bachelor)

Оценка: 9

Год защиты: 2020

Today climate change is acknowledged as one of the most significant challenges that are faced by humanity in the 21st century. As the climate change problem requires coordinated actions, 187 governments have ratified the Paris agreement on climate change. According to this agreement, governments establish their goals on a bottom-up principle, determining the amount of greenhouse gas reduction, tools, and measures of climate policy. The purpose of this study is to identify factors that influence the formation of climate policy, as well as to test the hypothesis that the ambitiousness and content of climate policy in countries depend not only on natural climate risks that they are exposed to but also on a number of socio-economic factors. The main focus of the research is to determine the influence of the energy dependence factor on the "ambitiousness" of the goal to reduce greenhouse gas emissions. Advanced economies and energy-deficient countries set more ambitious goals while developing countries that do not lack energy resources set less stringent targets for reducing greenhouse gas emissions. The paper uses the case-study method to identify dependent variables and regression analysis to model the relationship between reduction goals set at the national level and explanatory variables. The results of this research reveal the key features of climate policy formation in developed and developing countries and can become a theoretical basis for further research.

Full text (added May 13, 2020)

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