Transfers in climate action teams
研究在气候合作中，基于减排成果的转移支付与基于绿色技术投资的转移支付哪种更有效，发现投资型协议能最大化合作范围，而减排型协议能最小化转移支付规模。
Abstract Resource transfers are integral parts of climate negotiations as they affect incentives to participate in climate agreements. Whether to use transfers contingent on observing low emissions or on investment in green compliance technology is an open question. Using a repeated-game model with investment in green technology and resource transfers, we find that, because investments take time to fully affect emission incentives, there is a tradeoff. Investment-based agreements, where transfers are provided before emissions are realized but after investments have been undertaken, maximize the scope of cooperation. Emissions-based agreements, however, minimize the size of transfers whenever they foster cooperation.