New York (July 6, 2007)- In the first round of grants from its $100 million Climate Change Initiative, the Doris Duke Charitable Foundation Thursday announced support for six organizations that will evaluate and develop policies that put a price on greenhouse gas emissions and address the regulatory frameworks needed to reduce the threat of global warming.
The foundation awarded grants totaling $3.6 million to researchers from Harvard University and the Massachusetts Institute of Technology, as well as four nonprofit organizations: Environmental Defense, the Pew Center on Global Climate Change, Resources for the Future, and the World Resources Institute.
“The organizations in this first round of grants will deliver high-quality analysis and recommendations on the advantages and disadvantages of different approaches to tackling climate change through government policy,” said Andrew Bowman, the director of the Climate Change Initiative.
Putting a price on carbon and developing a new international agreement that encourages nations like the U.S. and China to participate are the primary goals in the first of three climate strategies the Foundation will be supporting.
The second strategy, which will receive most of the funds, will be to identify and promote policies that accelerate the development and deployment of clean energy technologies – energy efficiency, renewable energy and low-emission uses of coal.
The third strategy is to assess the likely effects of climate change and identify adjustments that can be made to lower the impacts on people and the environment.
“In the immediate term, one of the most important things we can do to combat the threat of climate change is to design and implement the best possible pricing policies for carbon dioxide and other greenhouse gases,” said Dr. Joan Spero, president of the Foundation.
Harvard University will receive $750,000 over two years to develop an international policy regime to address global climate change after the first commitment period of the Kyoto Protocol expires in 2012.
This three stage project will start with a series of domestic and international policy discussions, including at the 2007 Conference of the Parties of the UN Framework Convention on Climate Change, UNFCCC, in Bali, Indonesia in December.
Second, researchers will develop the most promising policy design with nongovernmental organizations, the business community, government and academia.
The third stage will feature a strategy for effective communication of the recommended policy design, including participation in the 2008 UNFCCC Conference.
The Massachusetts Institute of Technology, MIT, will receive $500,000 over two years to assess and learn from the European Union’s carbon dioxide Emissions Trading Scheme. MIT will study options for limiting the economic burden of a federal regulatory regime and identify ways to harmonize federal climate policies with evolving state and regional laws and policies.
A one-year grant of $500,000 will support Environmental Defense and the National Resources Defense Council to produce a cost-benefit analysis of ways to reduce greenhouse gas emissions in the United States.
The Pew Center on Global Climate Change will receive a one year grant of $395,000 to produce Congressional briefing books on design elements of a cap-and-trade system and policies related to coal use, transportation, carbon taxes, and technology.
The World Resources Institute, WRI, will receive $750,000 over two years to demonstrate the need for a mandatory federal greenhouse gas registry consistent with global greenhouse gas accounting standards as the basis for a federal cap-and-trade program. The nonprofit will produce issue briefs and identify ways to integrate climate impacts and opportunities into the national energy security debate.
“We are grateful for the Doris Duke Charitable Foundation’s investment in our work,” said Jonathan Lash, president of the World Resources Institute. “The time has come for national policies that protect the climate, support innovation, create jobs, and make America more secure.”
Environmental News Network
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