As part of their efforts to cut greenhouse gas (GHG) emissions, countries have increased their use of carbon pricing through taxes or emissions trading systems, with coverage increasing across countries
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.