The journal Global Environmental Change published a new research by GEAR member. This article is the result of a new collaboration between Luis Antonio López, María Ángeles Cadarso and Mateo Ortiz with Prof. Xuemei Jiang (Capital University of Economics and Business, Beijing). In the paper entitled “The emissions responsibility accounting of multinational enterprises for an efficient climate policy”, the authors propose a novel method to allocate CO2 emissions among countries integrating the emissions transfers through multinationals and foreign investment. This method, called technology-adjusted investment-based emission accounting (TIBA), rewards the home regions of multinationals that transfer clean technology to other regions through their affiliates.
The main finding of the work indicates that the application of the TIBA method on a global scale has the potential to reduce global CO2 emissions up to 16%.
We invite you to read the article and hope you find it interesting.