Low Carbon Agreement

A like-minded group of large-scale economies could use their combined market power to accelerate the spread of consumer products, industry and high-yield consumer and consumer services, and harmonize their economic incentives and standards to create greater economies of scale and reduce transaction costs. A multi-lateral coalition of countries with large markets and climate ambitions and support groups could go a long way to accelerating the change in production and consumption patterns, first directly within their own large collective share in the global economy, and then indirectly in other markets. these increased economies of scale are being used to reduce the costs of producing low-carbon products. Services and make them more competitive in the global market. The draft strategy focuses on two major low-carbon development scenarios: a „fundamental“ scenario and an „intensive“ scenario. Under the basic scenario – which is the most operational strategy – the carbon intensity of Russian GDP will decrease by 9% by 2030 and by 48% by 2050 (compared to the current level). While greenhouse gas targets in 2030 would be higher than they are today, they would be one-third lower than in 1990. This would be achieved through measures such as massive improvements in energy efficiency, the introduction of a carbon price, the development of nuclear energy and renewable energy, the reduction of forest clearing and the extension of protected areas. Component C: Developing a solid analytical and knowledge base on climate change and low-carbon green growth for policy simulations and decision-making The agreement should not be limited to national governments. City and provincial governments could be encouraged and encouraged to adhere to these elements of the policy menu within their jurisdiction, including public procurement rules and energy rules.

The Marginal Emission Cost Curve (MACC), which prioritizes several low-carbon options by calculating their cross-border mitigation costs or calculating the net value of costs and benefits per tonne of attenuated greenhouse gases, is constructed from industry analysis and modelling to help policy makers choose a minimal-cost mitigation program and minimize emissions in several sectors. The most effective way to increase the price gap between low-carbon alternatives and low-carbon alternatives would be to introduce a broad carbon tax or establish a national cap-and-trade system.