Preventing Further Tragedies of the Commons in Warming: Insights from Global Climate Policy

Abstract

Based on the theory of the tragedy of the commons and the background of global warming, this paper examines the emergence, development, and specific problems of current international climate policies at the political economy level. The aim is to provide the global community with sustainable policy recommendations to address the challenges of climate change effectively. The paper explores complex topics like resource distribution, carbon emissions, climate adaptation, and international cooperation using an interdisciplinary approach. The study underscores the crucial role of economic policies in guiding resource use to combat global warming. It also emphasizes the challenges posed by international cooperation, political will, and social acceptance. The paper further discusses measures like establishing standardized standards for resource extraction and highlights the importance of long-term planning among nations. In conclusion, even though the tragedy of the commons poses significant challenges in the context of climate change, these can be mitigated through specific economic measures.