Climate Change
News

Without help for oil-producing countries, net zero by 2050 is a distant dream
To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy

Southeast Asia could lose $28 trillion if it fails to act fast on climate change, report finds
Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found.

Democrat spending proposal in the United States would raise conservation cash through fossil fees
Fossil fuel and mining companies would contribute billions toward conservation programs under a new proposal in the United States Congress.Â
Reports

Emissions trading with transaction costs (LSE / Grantham Institute)
While the prevalence of transaction costs in past and existing emissions trading schemes is a well-documented fact, the related theoretical literature has to a large extent ignored this practical issue

The fiscal implications of the low-carbon transition (OECD)
Fossil fuels play an important role in the budget of several governments. On the one hand, half of the countries identified as resource-rich derived 50% or more of their government

Taxing vehicles, fuels, and road use (OECD)
This paper discusses the main external costs related to road transport and the design of taxes to manage them. It provides an overview of evolving tax practice in the European
Policy Briefs

UNEP Policy Brief on Fiscal Policy and the Nationally Determined Contributions
Key messages: Fiscal measures will be an important part of countries’ efforts to mitigate GHG emissions and mobilize climate financing to deliver their Nationally Determine Contributions (NDCs) under the Paris
Carbon Pricing Watch 2017 (World Bank and Ecofys)
This advance brief of the World Bank and Ecofys ‘State and Trends of Carbon Pricing 2017’ report provides an overview of recent developments and prospects of existing and emerging carbon
Fossil Fuel Subsidies and Health (HEAL)
This briefing by the Health and Environment Alliance (HEAL) sets out how countries support for fossil fuel subsidies has negative impacts on human health and the environment.