...principle, incorporating a variation of the "no-regrets" policy and economic efficiency criteria: 3. The Parties should take precautionary measures to...ensure global benefits at the lowest possible cost. To achieve this, such policies and measures should take into account different socio-economic contexts,...

...a disproportionate or abnormal burden under the Convention, should be given full consideration. 3. The Parties should take precautionary measures to...ensure global benefits at the lowest possible cost. To achieve this, such policies and measures should take into account different socio-economic contexts,...

...a disproportionate or abnormal burden under the Convention, should be given full consideration. 3. The Parties should take precautionary measures to...ensure global benefits at the lowest possible cost. To achieve this, such policies and measures should take into account different socio-economic contexts,...

...a disproportionate or abnormal burden under the Convention, should be given full consideration. 3. The Parties should take precautionary measures to...ensure global benefits at the lowest possible cost. To achieve this, such policies and measures should take into account different socio-economic contexts,...

...calculations and lower expenditure. The UN Convention on Climate Change 22 includes the phrase '... that policies and measures to deal with climate change should be cost-effective'. Taking into account the impossibility of ever establishing the true benefit of any individual action,...

...Article 3.3 calls on Parties to take 'precautionary measures' to control greenhouse gas emissions: taking into account that policies and measures to...ensure global benefits at the lowest possible cost (emphasis added) . Similarly, the April 30 1992 Participants' meeting approved a text on the future...

...to the precautionary principle expressly included in the Convention in Article 3.3, which provides that The parties should take precautionary measures...ensure global benefits at the lowest possible cost. A philosophic and economic examination of risk bearing, including the maximin principle, may provide...

...guidance, inter alia, on decision making where there is a lack of full scientific certainty, namely that the Parties should: "take precautionary measures...and measures to deal with climate change should be cost effective so as to ensure global benefits at the lowest possible cost. To achieve this, such policies...

...Change Convention régime. In fact, among the principles guiding the Parties, the Convention provides that "policies and measures to deal with climate change...ensure global benefits at the lowest possible cost" (Art. 3, para. 3). The core provision of the Convention (Art. 4, para. 2) states that developed countries...

...emission targets. The imework Convention on Climate Change states that "policies and measures to deal h climate change should be cost-effective so as to ensure global benefits at the lowest isible cost." This means that emission reductions should be carried out where it is :apest to do so....