,Emission trading restricted to Annex1,Emission trading including CDM and HotAir up to 10 percent of Annex1 reduction targets,Emission trading without limitations for CDM and HotAir No forestationFi(π) = 0,TradeNoForest,LimitCDMNoForest,FullCDMNoForest Limited forestation (Annex Z),TradeLimitForest,LimitCDMLimitForest(Reference Scenario),FullCDMLimitForest Unlimited forestationFi(π) = fiπ,TradeFullForest,LimitCDMFullForest,FullCDMFullForest Scenario,Function 1,Function 2,Function 3 ,"Credit price, USD tCO2","Total costs, 109 USD","Credit price, USD tCO2","Total costs, 109 USD","Credit price, USD tCO2","Total costs, 109 USD" TradeNoForest,141,292,106,271,248,515 TradeLimitForest,133,261,102,247,234,459 TradeFullForest,104,159,89,181,153,195 LimitCDMNoForest,127,235,98,221,223,437 LimitCDMLimitForest (Reference),119,209,95,209,209,367 LimitCDMFullForest,94,129,83,151,138,158 FullCDMNoForest,29,60,35,40,40,83 FullCDMLimitForest,23,37,24,16,30,45 FullCDMFullForest,22,34,23,13,28,39 Accounting method,Exp 1: 1 year OIF,Exp 2: 7 years OIF,Exp 3: 10 years OIF ,Fertilization effectiveness,Fertilization effectiveness,Fertilization effectiveness ,High,Low,High,Low,High,Low Net,1.5252,0.2812,6.2108,1.1451,8.2261,1.6168 Discount,3.1491,0.4993,10.4365,2.6642,12.8699,3.4945 Shorttemp,3.6917,0.5528,14.7575,4.3879,16.0308,5.1848 ,,Equivalence forestation 0.944 Gt CO2,Equivalence CDM 3.274 Gt CO2,Equivalence policy 2.924 Gt CO2 ,,Fertilization effectiveness,Fertilization effectiveness,Fertilization effectiveness ,,High,Low,High,Low,High,Low Exp 1: 1 year OIF,Net,38.08,0,0,0,0,0 ,Discount,70.01,0,0,0,7.16,0 ,Shorttemp,74.42,0,11.32,0,20.81,0 Exp 2: 7 years OIF,Net,84.80,17.53,47.29,0,52.93,0 ,Discount,90.95,64.55,68.63,0,71.99,0 ,Shorttemp,93.60,78.48,77.82,25.39,80.19,33.37 Exp 3: 10 years OIF,Net,88.52,41.59,60.20,0,64.46,0 ,Discount,92.66,72.98,74.56,6.32,77.28,16.34 ,shorttemp,94.11,81.79,79.58,36.86,81.76,43.61 Top 8 Payers (absolute),Total costs 109 USD LimitCDMLimitForest,Change in total costs compared to LimitCDMLimitForest (in percent) ,,FullCDM FullForest,LimitCDMLimitForest ,no OIF,no OIF,OIF via market,OIF via distribution population/CO2,OIF via distribution population/GDP ,Credit price 119 USD/tCO2,Credit price 22 USD/tCO2 United States,147.76,−71.52,−71.52,−63.74,−67.00 Germany,18.44,−68.52,−68.52,−74.08,−72.29 Japan,16.09,−73.61,−73.61,−84.95,−51.67 UK,14.92,−73.70,−73.70,−80.95,−73.94 France,10.54,−74.41,−74.41,−92.27,−79.45 Italy,10.21,−69.32,−69.04,−82.57,−79.81 Australia,9.02,−70.79,−62.92,−55.30,−65.13 Spain,6.50,−65.84,−65.47,−80.73,−83.82 China,27.48,−24.69,−82.02 Russia,6.11,24.23,−79.44 India,5.73,−20.47,−81.92 Brazil,4.36,31.00,−81.92 Ukraine,1.71,−1.41,−82.53 Venezuela,0.72,6.34,−81.92 Colombia,0.58,27.80,−81.92 Mexico,0.53,−30.34,−82.90 Climate regime,OIF Gt CO2,Reduction target 2020 rel. 2005 in percent BAU,Without OIF,0,−24.7 Reference emission target,Without OIF,0,−5.4 ,OIF equiv. forestation,0.944,−0.9 ,OIF equiv. policy,2.924,8.3 ,OIF equiv. CDM,3.274,10.0 ,OIF max,11.583,48.8 Region,Function 1,Function 2 ,α,Adj. R2,β1,β2,Adj. R2 WEU,0.06438,0.99633,−0.00374,0.07544,0.99832 EEU,0.12604,0.97775,0.02175,0.06177,0.99637 USA,0.08659,0.96463,0.01823,0.03271,0.99165 OAB,0.07746,0.98097,0.01111,0.04462,0.99337 FSU,0.14602,0.97242,−0.03865,0.24742,0.99673 CPA,0.10998,0.98493,−0.02564,0.16672,0.99851 IND,0.06867,0.97600,−0.01980,0.11064,0.99499 LAM,0.07997,0.95598,−0.02498,0.14790,0.99735 JAPAN a,0.19466,0.98698,−0.02583,0.27100,0.99812 Country,Class,Reduction 2020 rel. to 2005 (in percent),Function 1,Function 2,Function 3,Forestry factor (Mt CO2),Forest limitation Annex Z (Mt CO2) ,,,α,β1,β2,γ,, Austria,Annex1,29.92,0.06442,−0.00374,0.07544,0.15347,0.03490,2.31021 Belgium,Annex1,29.57,0.06536,−0.00368,0.07544,0.15281,0.00603,0.11001 Denmark,Annex1,31.99,0.06283,−0.00383,0.07544,0.15449,0.00452,0.18335 Finland,Annex1,30.62,0.06469,−0.00372,0.07544,0.15328,0.20330,0.58672 France,Annex1,28.30,0.06305,−0.00382,0.07544,0.15433,0.14054,3.22696 Germany,Annex1,29.65,0.06538,−0.00368,0.07544,0.15280,0.10008,4.54708 Greece,Annex1,27.24,0.06636,−0.00363,0.07544,0.15220,0.03390,0.33003 Iceland,Annex1,39.55,0.06181,−0.00389,0.07544,0.15546,0.00042,0.00000 Ireland,Annex1,31.94,0.06399,−0.00377,0.07544,0.15373,0.00604,0.18335 Italy,Annex1,28.67,0.06522,−0.00369,0.07544,0.15290,0.09017,0.66006 Luxembourg,Annex1,31.73,0.06557,−0.00367,0.07544,0.15267,0.00079,0.03667 Netherlands,Annex1,30.07,0.06538,−0.00368,0.07544,0.15280,0.00330,0.03667 Norway,Annex1,45.00,0.06163,−0.00390,0.07544,0.15570,0.08482,1.46680 Portugal,Annex1,23.55,0.06657,−0.00361,0.07544,0.15208,0.03418,0.80674 Spain,Annex1,27.66,0.06571,−0.00366,0.07544,0.15258,0.16188,2.45689 Sweden,Annex1,30.23,0.06124,−0.00393,0.07544,0.15653,0.24874,2.12686 Switzerland,Annex1,35.76,0.06119,−0.00393,0.07544,0.15700,0.01103,1.83350 United Kingdom,Annex1,29.99,0.06376,−0.00378,0.07544,0.15386,0.02571,1.35679 United States,Annex1,29.44,0.08659,0.01823,0.03271,0.15234,4.26042,102.67600 Australia,Annex1,32.42,0.08097,0.01182,0.04462,0.15057,1.47895,0.00000 Canada,Annex1,19.28,0.07811,0.01124,0.04462,0.15105,2.80229,44.00400 New Zealand,Annex1,30.37,0.07222,0.01006,0.04462,0.15196,0.07508,0.73340 Japan,Annex1,20.00,0.19466,−0.02583,0.27100,0.15475,0.31062,47.67100 Bulgaria,Annex1,23.68,0.13657,0.02408,0.06177,0.14502,0.03275,1.35679 Croatia,Annex1,0.00,0.12237,0.02094,0.06177,0.15037,0.01929,0.00000 Czech Rep,Annex1,23.54,0.13012,0.02265,0.06177,0.14725,0.02393,1.17344 Estonia,Annex1,25.97,0.12915,0.02244,0.06177,0.14764,0.02064,0.36670 Hungary,Annex1,17.06,0.12117,0.02067,0.06177,0.15089,0.01785,1.06343 Latvia,Annex1,12.00,0.11819,0.02001,0.06177,0.15245,0.02657,1.24678 Lithuania,Annex1,15.80,0.12015,0.02044,0.06177,0.15138,0.01897,1.02676 Poland,Annex1,21.60,0.12702,0.02197,0.06177,0.14854,0.08306,3.00694 Romania,Annex1,21.06,0.12931,0.02247,0.06177,0.14757,0.05756,4.03370 Slovakia,Annex1,21.32,0.12544,0.02162,0.06177,0.14919,0.01743,1.83350 Slovenia,Annex1,22.11,0.11905,0.02020,0.06177,0.15194,0.01142,1.32012 Russia,HotAir,−14.38,0.14136,−0.03909,0.24742,0.14189,7.30802,64.64921 Ukraine,HotAir,−17.83,0.15067,−0.03820,0.24742,0.13800,0.08652,4.07037 China,CDM,No,0.10998,−0.02564,0.16672,0.14454,7.43928,No limit India,CDM,No,0.06867,−0.01980,0.11064,0.14763,2.56048,No limit Argentina,CDM,No,0.07743,−0.02530,0.14790,0.15268,0.78010,No limit Bolivia,CDM,No,0.08280,−0.02461,0.14790,0.14836,1.38769,No limit Brazil,CDM,No,0.07828,−0.02519,0.14790,0.15212,11.28531,No limit Chile,CDM,No,0.07978,−0.02500,0.14790,0.15127,0.38085,No limit Colombia,CDM,No,0.07932,−0.02506,0.14790,0.15151,1.43466,No limit Ecuador,CDM,No,0.08238,−0.02467,0.14790,0.14872,0.25640,No limit Guatemala,CDM,No,0.07841,−0.02517,0.14790,0.15204,0.58872,No limit Mexico,CDM,No,0.07901,−0.02510,0.14790,0.15169,0.00000,No limit Nicaragua,CDM,No,0.08154,−0.02478,0.14790,0.14948,0.77574,No limit Panama,CDM,No,0.07720,−0.02533,0.14790,0.15284,0.64194,No limit Paraguay,CDM,No,0.07733,−0.02531,0.14790,0.15275,0.43646,No limit Peru,CDM,No,0.07729,−0.02532,0.14790,0.15277,0.00161,No limit Uruguay,CDM,No,0.07509,−0.02560,0.14790,0.15485,0.03558,No limit Venezuela,CDM,No,0.08178,−0.02474,0.14790,0.14925,1.12719,No limit Country,Total costs in 106 USD (constant 2000 USD) ,LimitCDMLimitForest,FullCDM10 FullForest,LimitCDMLimitForest ,no OIF,no OIF,OIF via market,OIF via distribution population/CO2,OIF via distribution population/GDP ,Credit price 119 USD/ tCO2,Credit price 22 USD/ tCO2 Austria,1794.25,551.54,551.54,425.22,509.07 Belgium,2589.48,799.13,799.62,720.32,718.29 Denmark,1547.85,375.17,375.17,277.06,430.51 Finland,1413.05,317.04,401.83,356.75,389.99 France,10537.23,2696.62,2696.62,814.35,2164.88 Germany,18440.64,5805.50,5805.50,4780.05,5110.54 Greece,1616.62,611.57,620.62,410.92,325.28 Iceland,97.97,21.10,21.30,13.84,27.46 Ireland,1303.90,340.54,340.54,305.19,366.80 Italy,10213.34,3133.55,3162.39,1780.26,2061.78 Luxembourg,280.04,85.84,85.84,116.30,112.14 Netherlands,4354.86,1331.55,1332.33,1247.63,1243.41 Norway,1729.46,362.31,370.91,267.36,515.86 Portugal,675.57,344.61,344.61,−1.78,−58.95 Spain,6498.49,2220.19,2244.10,1252.41,1051.19 Sweden,1523.36,272.70,345.56,31.81,405.46 Switzerland,1713.63,395.42,395.42,154.21,530.66 United Kingdom,14920.24,3924.72,3924.72,2842.32,3888.08 United States,147758.28,42078.18,42078.18,53580.14,48753.94 Australia,9022.80,2635.58,3345.96,4033.61,3146.14 Canada,1472.30,2184.22,2565.83,3392.31,2428.27 New Zealand,885.33,265.68,285.66,206.02,168.63 Japan,16088.57,4245.13,4245.13,2421.31,7775.66 Bulgaria,−362.14,319.74,319.74,63.61,−142.59 Croatia,−7.49,56.82,66.09,−117.82,−173.12 Czech Rep,−92.71,617.72,617.72,585.74,120.43 Estonia,206.51,123.13,125.00,122.52,57.88 Hungary,470.23,251.32,251.32,−94.63,−260.71 Latvia,15.23,31.73,31.73,−78.41,−89.65 Lithuania,184.49,81.87,81.87,−68.51,−100.24 Poland,1133.68,1479.60,1479.60,580.01,−518.36 Romania,381.04,634.56,634.56,−281.12,−648.63 Slovakia,87.42,190.26,190.26,45.23,−97.75 Slovenia,349.08,122.38,122.38,75.40,47.30 Russia,−6105.01,−7584.04,−1255.23,−1255.23,−1255.23 Ukraine,−1707.64,−1683.53,−298.26,−298.26,−298.26 China,−27482.72,−20695.97,−4941.01,−4941.01,−4941.01 India,−5731.23,−4558.27,−1036.33,−1036.33,−1036.33 Argentina,−418.64,−475.40,−75.70,−75.70,−75.70 Bolivia,−516.95,−688.96,−93.48,−93.48,−93.48 Brazil,−4358.00,−5708.81,−788.02,−788.02,−788.02 Chile,−219.19,−242.28,−39.63,−39.63,−39.63 Colombia,−583.99,−746.36,−105.60,−105.60,−105.60 Ecuador,−149.34,−164.33,−27.00,−27.00,−27.00 Guatemala,−218.34,−291.62,−39.48,−39.48,−39.48 Mexico,−527.76,−367.64,−90.27,−90.27,−90.27 Nicaragua,−279.79,−378.81,−50.59,−50.59,−50.59 Panama,−229.75,−312.25,−41.54,−41.54,−41.54 Paraguay,−155.81,−212.03,−28.17,−28.17,−28.17 Peru,−29.32,−20.57,−5.04,−5.04,−5.04 Uruguay,−15.44,−19.17,−2.79,−2.79,−2.79 Venezuela,−721.29,−766.99,−130.43,−130.43,−130.43