The Billion-Ton Solution: Europe’s Chance to Lead on Climate Action through International Mitigation Partnerships

February 2015

In this analysis, Andreas Dahl-Jørgensen argues that the most promising and politically realistic way to further increase climate ambition in 2015 is for Europe and other advanced economies to make additional pledges for mitigation that they intend to secure outside their borders. Doing so would reduce more emissions at a lower cost, unlock large emission cuts in developing countries that would otherwise not occur, help ensure a global climate agreement, facilitate the linking of regional systems and carbon markets, and deliver significant development benefits.