Contraction and Convergence

Wikipedia: Contraction and Convergence (C&C) is a proposed global framework for reducing greenhouse gas emissions to combat climate change. Conceived by the Global Commons Institute [GCI] in the early 1990s, the Contraction and Convergence strategy consists of reducing overall emissions of greenhouse gases to a safe level (contraction), resulting from every country bringing its emissions per capita to a level which is equal for all countries (convergence). It is intended to form the basis of an international agreement which will reduce carbon dioxide emissions to avoid dangerous climate change, carbon dioxide being the gas that is primarily responsible for changes in the greenhouse effect on Earth. It is expressed as a simple mathematical formula. This formula can be used as a way for the world to stabilize carbon levels at any level. Advocates of Contraction and Convergence stress that negotiations at the United Nations Framework Convention on Climate Change [UNFCCC] are governed sequentially by the 'objective' of the UNFCCC [safe and stable GHG concentration in the global atmosphere] followed by its organising principles ['precaution' and 'equity']. C&C is widely cited and supported.

10 Reasons Why “Contraction and Convergence” Is Still The Most Preferable Equity Framework for Allocating National GHG Targets