Prospects for Developing Countries

While developing countries generally shared the sentiment that they were going to suffer from the effects of climate change policy, evidence to the contrary has emerged during the short time since the Kyoto Protocol’s entry into force. Defying expectations that developing nations could only lose from climate change policy, Brazil has shown that it is actually quite possible to benefit significantly from these policies. Brazil has been proactive in developing the infrastructure to become involved in climate change negotiations, as well as using policy tools such as the CDM. Its actions have resulted in significant economic, developmental, and environmental benefits. The case of Brazil allows for some insight into how other countries with similar developmental profiles —specifically China and India—stand to benefit from climate change policy, and how these benefits will translate into policy for future climate negotiations.