Beyond COP29: A Novel Framework for Tackling Climate Change
UVA Darden
NOVEMBER 13, 2024
As Sarasvathy puts it, “When markets fail, the impulse is to immediately turn to centralized government-based solutions that are almost always predictive.” Ostrom developed the IAD framework for creating polycentric governance mechanisms such as public-private partnerships to solve market failure problems,” says Sarasvathy.
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