Technical comment on Fairness considerations in global mitigation investments

成果类型:
Editorial Material
署名作者:
Semieniuk, Gregor; Ghosh, Jayati; Folbre, Nancy
署名单位:
University of Massachusetts System; University of Massachusetts Amherst; University of Massachusetts System; University of Massachusetts Amherst
刊物名称:
SCIENCE
ISSN/ISSBN:
0036-12112
DOI:
10.1126/science.adg5893
发表日期:
2023-05-19
关键词:
摘要:
In an otherwise excellent analysis of fair regional shares of global mitigation investments, Pachauri et al. (Policy Forum, 9 December 2022, p. 1057) dramatically overestimate developing countries' 'capability' to invest by estimating GDP using purchasing power parity exchange rates. Since internationally sourced investment goods must be paid for at market exchange rates, capability-based interregional finance flows should be vastly larger.