Sentences with phrase «approach with a national reach»

Not exact matches

In light of the fact that any attempt to reach consensus on the operationalization of equity will run into conflicts with national interest, the paper recommends a completely new approach that would fund a new carbon revolution while abandoning the current approach in which nations make individual emissions reductions commitments consistent with what equity requires of them.

Given the urgency of reaching an agreement and the realities of national reluctance, the most fruitful approach is a harmonized carbon price with trade sanctions as a way to prevent countries from free riding on the investments of others.