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WBG |Emissions Trading in Practice: A Handbook on Design and Implementation.As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions (NDCs)—to crucial questions about how these emissions reductions are to be delivered and reported within the future international accounting framework. Category: Promote Carbon Pricing Measures |
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WBG, OECD |The FASTER Principles for Successful Carbon Pricing: An Approach Based on Initial Experience.The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and irreversible impacts will grow without action to limit and reverse the growth of GHG emissions globally. Category: Promote Carbon Pricing Measures |
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Ecofys, WBG |State and Trends of Carbon Pricing 2015.The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of global greenhouse gas emissions are putting a price on carbon. Category: Promote Carbon Pricing Measures |
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UNEP |Fiscal Reforms in the Extractives Sector for Green Finance (UNEP)A key challenge facing many resource-rich countries is how to mobilize and effectively use volatile revenues from resource extraction, while addressing social and environmental externalities of mining activities. This UNEP Policy Brief examines how fiscal reforms and other complementary measures in the extractives sector can help generate additional public revenues while reducing some of the negative environmental and social impacts from mining activities. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning |
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WBG, PMR |Carbon Leakage Theory, Evidence and Policy DesignThe World Bank’s Partnership for Market Readiness (PMR) brings together developed and developing countries to build readiness for carbon market instruments to support cost-effective greenhouse gas emissions reductions. As part of the PMR’s Technical Work Program, the World Bank asked Vivid Economics to develop a technical note on the issue of carbon leakage and competitiveness. This issue is of interest to a range of PMR countries and is of great importance to successful design and implementation of carbon pricing policies. Category: Promote Carbon Pricing Measures |
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IMF |Getting Energy Prices RightMany energy prices in many countries are wrong. They are set at levels that do not reflect environmental damage, notably global warming, air pollution, and various side effects of motor vehicle use. In so doing, many countries raise too much revenue from direct taxes on work effort and capital accumulation and too little from taxes on energy use. This book is about getting energy prices right. Category: Promote Carbon Pricing Measures |
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IMF |Energy Subsidy Reform: Lessons and ImplicationsEnergy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning |
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IEA |How to Adopt a Winning Carbon PriceOver the fall of 2014, Clean Energy Canada conducted a series of confidential, candid interviews with the policy’s architects, and with expert observers who watched it play out. Category: Promote Carbon Pricing Measures |
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WBG |Environmental Fiscal Reform: What Should Be Done and How to Achieve ItThe term environmental fiscal reform (EFR) means different things to different people. In this report, we will take EFR to mean: a range of taxation or pricing instruments that can raise revenue, while simultaneously furthering environmental goals. This is achieved by providing economic incentives to correct market failure in the management of natural resources and the control of pollution. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning |
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