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Trade Specialisation as a Determinant of the Nationally Determined Contributions of Countries Participating in the Paris Agreement

ФИО студента: Karina Galimova

Руководитель: Ilya A. Stepanov

Кампус/факультет: Faculty of World Economy and International Affairs

Программа: World Economy (Bachelor)

Год защиты: 2021

In 2015, in response to challenges posed by global climate change the Paris Agreement was adopted. The document is structured with type of “bottom-up”: it means that countries self-define their CO2 emission reduction objectives based on internal opportunities and limitations. The focus of this study is to test the hypothesis that it is more challenging for net exporters of carbon emissions to set ambitious goals to reduce emissions. At the same time, importers of carbon-intensive products, which are not accountable for emissions related to their consumption activities, do not experience such difficulties. To determine the relationship between the trade specializations of the countries participating in the Paris Agreement and ambition of the contributions they determine, a multiple regression model is built. The results demonstrate peculiarities of the formation of climate policies in net exporters and net importers of CO2: they also reveal the limitations of the existing system of international institutions for climate regulation.

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