Carbon prices are needed to incorporate climate change costs into economic decision making. Carbon pricing should be included as part of a broader arsenal of tools to achieve domestic climate targets, but it is not a silver bullet: other policy instruments and investments (for example, public...

Carbon taxes can be win-win for Bangladesh. They can help show the world that Bangladesh is serious about climate mitigation, boosting the country's influence in international negotiations and helping it to access financing and technology promised during the COP-21. They can play a role in...

Stakeholder and public support are critical for an enduring and robust carbon pricing policy. How jurisdictions communicate their carbon pricing policy plays a key role in creating and maintaining that support. Drawing on case studies, research and best practice, the report provides guidance on...

Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives. How carbon revenues are used and how these uses are...

The twin shocks of the pandemic and weak global trade has particularly impacted Thailand due to the country's position as a trade and tourism hub. Thailand's tourism arrivals reached only 75 percent of pre-pandemic levels in September despite the ongoing growth in global services trade. Visitor...

The Philippines is an archipelago comprised of 7,107 islands with a humid climate and a topography characterized by mountainous terrain bordered by narrow coastal plains. Considered one of the most biologically rich and diverse countries in the world, the Philippines also has one of the world's...

The Paris Agreement provides a framework for all countries - both developed and developing - to voluntarily adopt individual targets, elaborated in their nationally determined contributions (NDCs). This effectively introduces commitments on the country in the sectors covered by their NDCs....

Reduction of greenhouse gas (GHG) emissions is fundamental to the mitigation of climate change. It has become increasingly important to estimate and report on GHG emissions to enable the implementation of mitigation measures to limit or reduce total emissions. In most cases, such estimation is...

By 2050, two-thirds of the planet's population will live in urban centers, and nearly 90 percentof the 2.5 billion new urban dwellers will live in Africa and Asia. The world's urban areas wereresponsible for around 70 percent of greenhouse gas (GHG) emissions in 2013, and that numbercould grow...

Climate auctions are an innovative climate finance mechanism, with high potential to support nationally determined contribution (NDC) implementation and deepening through efficiently leveraging private investment. The World Bank has developed the climate auction model through the work of the...