POLICY BRIEF: Towards an Inclusive Climate Alliance with a Balance of Carrots and Sticks

Perspectives Climate Reseach co-authored, together with seven other researchers from high-ranking institutions, a policy brief as part of the Think7 Task Force for Climate and Environment. The research-based recommendations are aimed to inform G7 leaders on how to design an open and cooperative G7 climate alliance. Such an alliance should comprise at least the following design elements: Membership conditions that benefit all members and are sufficiently ambitious to enable a pathway to genuine ‘net zero’ A ‘carrot and stick’ approach based on Article 6 and a differentiated CBAM to encourage alliance participation A ratcheting mechanism to raise ambition The recommendations are feeding into policy dialogues ahead of the G7 summit in Elmau, Germany, at the end of June 2022.