Creating a Framework for Climate System Integrity in the Light of the ICJ Advisory Opinion

Obersteiner, M. ORCID: https://orcid.org/0000-0001-6981-2769 & Bednar, J. (2026). Creating a Framework for Climate System Integrity in the Light of the ICJ Advisory Opinion. Environment: Science and Policy for Sustainable Development 68 (4) 14-22. 10.1080/00139157.2026.2661397.

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Abstract

The 2025 Advisory Opinion of the International Court of Justice (ICJ) argues that climate mitigation is a matter of state responsibility, requiring states to use all means at their disposal to prevent significant harm. This article proposes a Climate System Integrity Framework (CSIF), as the basis for a precautionary approach that treats the growing atmospheric greenhouse gas stock as a form of strategic climate capital reserve whose deterioration would generate widespread macroeconomic and financial instability. Introducing Carbon Removal Obligations (CROs) the framework assigns liability for overshoot of the strategic capital reserve, and internalizes risks through interest on the resulting carbon debt. The article argues that central banks and prudential financial authorities are among the state institutions best positioned to support the implementation of CSIF in line with the ICJ's proposal for an international due diligence standard.

Item Type: Article
Uncontrolled Keywords: climate governance, International Court of Justice, Climate System Integrity Framework, systemic climate risk, carbon removal obligations, precautionary principle, overshoot, advisory opinion, mitigation, CO2
Research Programs: Advancing Systems Analysis (ASA)
Advancing Systems Analysis (ASA) > Exploratory Modeling of Human-natural Systems (EM)
Depositing User: Luke Kirwan
Date Deposited: 17 Jul 2026 08:13
Last Modified: 17 Jul 2026 08:13
URI: https://pure.iiasa.ac.at/21738

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