Greenprint: A New Approach to Cooperation on Climate Change

We now know that there is a global climate emergency. We also know that there is little appetite for concerted global action. Even in the unlikely event that there were meaningful international cooperation on climate change, the rich world cannot afford to make the sorts of financial contributions that were talked about a decade ago.

In their slim book, Aaditya Mattoo and Arvind Subramanian make a case for action led not by the rich West but by the giants of the developing world. The biggest carbon emitter is China; other large developing nations – India (third largest), Brazil, and Indonesia—are also significant sources of greenhouse gas emissions.