TY - GEN Y1 - 2015/04// A1 - Goeschl, Timo A1 - Perino, Grischa N2 - The success of global climate policies over the coming decades depends on the diffusion of 'green' technologies. This requires that international environmental agreements (IEAs) and trade-related intellectual property rights (TRIPs) interact productively.Using a simple and tractable model, we highlight the strategic reduction in abatement commitments on account of a hold-up effect. In anticipation of rent extraction by the innovator signatories might abate less than non-signatories turning the IEA 'brown'. Self-enforcing IEAs have fewer signatories and diffusion can reduce global abatement under TRIPs. Countries hosting patent holders extract rents from TRIPs, but may be better off without them. UR - https://archiv.ub.uni-heidelberg.de/volltextserver/18633/ CY - Heidelberg KW - International climate policy; diffusion of innovations; intellectual property rights; hold-up problem. EP - 25 TI - The Climate Policy Hold-Up: Green Technologies,Intellectual Property Rights, and the Abatement Incentives of International Agreements T3 - Discussion Paper Series, University of Heidelberg, Department of Economics ID - heidok18633 AV - public ER -