Greenprint Mattoo Aaditya

Beleaguered by mutual recrimination between rich and poor countries, squeezed by the zero-sum arithmetic of a shrinking global carbon budget, and overtaken by shifts in economic and hence bargaining power between these countries, international cooperation on climate change has floundered. First, the old narrative of recrimination must cede to a narrative based on recognition of common interests. Given these three factors--which Arvind Subramanian and Aaditya Mattoo call the narrative, adding up, and new world problems--the wonder is not the current impasse; it is, rather, the belief that progress might be possible at all.In this book, the authors argue that any chance of progress must address each of these problems in a radically different way.

Third, the old cash-for-cuts approach must be Second, leaders must shift the focus away from emissions cuts to technology generation.