Table 1 Types of goods and different contributions to club theory

From: Climate change mitigation: a role for climate clubs?

 

Rival

Non-rival

Excludable

Private goods (Wiseman)

Club goods (in the narrow sense) (Buchanan)

Non-excludable

Common pool goods (Olson)

Public goods (Climate clubs)a

  1. a Climate (mitigation) clubs may also provide excludable goods (club goods in the wide sense); however, the main purpose is to enhance climate change mitigation, which is a public good.