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Implementing the framework convention on climate change : incremental costs and the role of the GEF (Английский)

This paper is the first among a series of Global Environment Facility (GEF) Working Papers to deal with the Program for Measuring Incremental Costs for the Environment (PRINCE). PRINCE was initiated in February 1993 at a workshop held at the Tata Energy Research Institute in New Delhi. It covers methodological studies, field tests, and dissemination related to the technical issues of measuring incremental cost. This is a concept central to the GEF; the two Conventions to which it is linked - the Framework Convention on Climate Change and the Convention on Biological Diversity; and the Montreal Protocol dealing with ozone depletion. This paper provides the scientific background to the issues of global warming, proposes a calculus for estimating incremental costs, and highlights some of the key operational issues which the GEF must address in order to achieve the overall objectives of the Framework Convention on Climate Change.

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