1. Consumptionbased accounting in climate negotiations
Annela Anger-Kraavi
Cambridge Econometrics
Carbon-CAP Side Event
UNFCCC SB42, Bonn, Germany
Wednesday, 10 June 2015

2. ORNL CDIAK, 2011

3. assessment of the effectiveness, efficiency and equity of consumption-based climate-change-reduction policies (including related transformations in the international flows of trade, investments, technology transfer, and diffusion of innovation)
assessment of the uncertainties related to different modelling methodologies

4. Interactive modelling (WP7)
Consumption based emission reduction policies and measures (portfolio)/technologies/economic development/policies and politics/and so on >scenarios>model runs>outputs>…..

5. E3ME (Cambridge Econometrics, UK) macroeconometric energy-environment-economy (E3) model
EXIOMOD (TNO, Netherlands) a Global Computable General Equilibrium (CGE) model based on detailed EXIOBASE MREEIO
FIDELIO (IPTS, Spain) a dynamic econometric input-output model based on Eurostat's supply and use tables and the WIOD

6. Scenarios :
Reference scenario – IEA WEO 2014 current policies and IEA WEO Paris COP21 pledges (INDCs)
Policy scenarios - addressing indirect (supply chain) and indirect + direct emissions (end use related emissions)
Outputs - changes in GDP, employment, trade, investment, recourse use, GHG and non-GHG emissions

7. Expected outcome: a policy portfolio of consumption based policies that shifts the burden back to developed countries and also results in reduction of production and consumption based emissions in developing countries Problems: no accounting standards, reporting and verification, current methods give a range of results (differences <30%)

8. Thank You! aak@camecon.com