Economic growth and GHG emissions: opportunities to split the trends

1. Economic growth and GHG emissions: opportunities to split the trends Annie Petsonk, International Counsel Yuri Safonov, Economist, Advisor on Russia

2. Source: IPCC TAR SPM Fig. 6-1 The Global Greenhouse Economic Challenge for the 21st Century: How to break the link between economic growth and emissions growth?

3. …How to drive emissions down while driving growth up… Case-study: Arkhangelsk Pulp & Paper Mill, Russia Mill repays loan, takes new loan Mill receives loan to launch Energy Efficiency Program Fossil fuel GHG emissions (1,000 tons CO2-eq.)

4. …How to drive emissions down while driving growth up… 1990: Cap & Trade Law Enacted 1995: SO2 Trading Begins

5. …How to drive emissions and cost down while driving growth up 600 emissions 16 500 400 14 projectedcost Tons of SO2 emissions (M) $ per ton 300 12 actual cost 200 10 100 8 1990 1992 1994 1996 1998 2000 2002 U.S. SO2 Emissions and Costs, 1990-2002

6. How Can The Kyoto Protocol Carbon Market Help Meet the Challenge of the 21st Century?

7. Proposals to SBSTA: • Promote research in the links of economic growth and GHG emissions trends; • Elaborate national and industry case studies on how to split such links; • Enhance exchange of information between scientists, policy makers and practitioners on that