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This report evaluates fair greenhouse gas (GHG) emissions budgets for Belgium using different distribution models, concluding that Belgium has likely already exhausted its fair share of the global carbon space.

This report by the Stockholm Environment Institute examines the relationship between economic development in low-income countries and global greenhouse gas emissions budgets. It argues that many climate-economics models rely on overly pessimistic growth projections for the poorest nations, which inadvertently weakens the urgency for high-income countries to reduce their own emissions. The author proposes three scenarios—Without Development, Development with Carbon, and Development without Carbon—to demonstrate how rapid economic growth in the developing world, if not coupled with strong decarbonization policies and funding from rich nations, could lead to a failure of global climate targets.