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The Legal Form of the Paris Climate Agreement: a Comprehensive Assessment of Options journal article

Sandrine Maljean-Dubois, Thomas Spencer, Matthieu Wemaere

Carbon & Climate Law Review, Volume 9 (2015), Issue 1, Page 68 - 84

For many years, the issue of the legal form of the new climate agreement has hovered over the international negotiations. Countries have insisted on first discussing substance. Indeed, it is here that the main divergences remain. However, one year out from the Paris climate conference, it is time to open the discussion on the legal form of the final agreement. The issue of legal form is often reduced to the negotiation of a ‘binding’ or ‘non-binding’ agreement. The bindingness of an international environmental agreement however depends on multiple parameters. We propose four parameters to be considered: the form of the core agreement; the ‘anchoring’ of commitments; mechanisms for transparency, accountability and facilitation; and mechanisms for compliance. Parties should assess pros and cons of these options, and the agreement should be optimised across all four, combining flexibility and credibility.


Coordinating, Mandating, Monitoring journal article

Thomas Spencer, Elizabeth Hipwell

Carbon & Climate Law Review, Volume 7 (2013), Issue 4, Page 293 - 305

What Can the Post-2015 Climate Regime Learn From Global Financial Governance?

After the 2008 financial crisis, governments and international organizations have engaged in an intensive reform of global financial sector governance. This process was one of the most significant recent reforms of global governance. There are analogies and differences between the challenges of financial sector governance and climate change. Nonetheless, the analogies are sufficient to make a comparison worthwhile. Both issues involve large-scale, systemic externalities; incentives for states and firms to free-ride; distributional consequences and deep implications for national policies. This paper uses the example of financial sector governance to inform the discussion on the post-2020 climate regime, in particular on the institutional needs of the climate regime, the interplay between venues of climate cooperation and the normative value of soft law.

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