How to design environmental taxes such as to reduce levels of contamination? What is the level of environmental taxation that encourages industry to adopt green technologies? How to combine environmental taxation with subsidies?
Toward Successful Development Policies : Insights from Research in Development Economics (World Bank Working Paper)
What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank
Although developing countries may gain significantly from global mitigation efforts in the long run, given their greater exposure to climate risks, in the short run they may have little incentive to undertake costly emission reductions. Can the CBAM incentivize them to comply?
This column analyses the effectiveness of carbon taxes and border tax adjustment policies in reducing emissions and shaping firms’ decisions on abatement investment and firm location.
Today’s food systems generate $12 trillion in hidden social, economic, and environmental costs. It prioritizes volume over nutritional value, fails to pay a living wage while creating sizeable profits for a concentrated set of players, and treats the natural environment as an infinite resource – resulting in massive waste and undermining the stability of the entire food system and global economy.