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This lecture by the instructor covers the Swiss climate policy, focusing on the rationale behind reducing Switzerland's GHG emissions despite their negligible global impact. It delves into the economic aspects, environmental benefits, and the potential for developing exportable solutions. The lecture also discusses the historical evolution of Swiss climate policy, including the Energy 2000 program, CO₂ tax proposals, and the challenges faced in meeting emission reduction targets. Various instruments such as target conventions, formal commitments, and voluntary approaches are analyzed, highlighting their effectiveness and limitations. The assessment of the first period of Swiss climate policy implementation is also presented, emphasizing the importance of international cooperation and revenue recycling for energy improvements.