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high-income countries to increase mitigation in low-income countries. Climate finance solutions have advantages for high … carbon market," the market equilibrium is inefficient, as mitigation is excessive in low-income countries and too low in high …-income countries. Instead, mitigation outcomes in the offset market should be attributed to the two finance types in proportion to …
Persistent link: https://www.econbiz.de/10012865465
The 2015 Paris Climate Agreement was the first instance of countries adhering to take a collective action against global warming. More than 190 countries came forward and submitted their contributions in the form of Intended Nationally Determined Contributions, reflective of their ability and...
Persistent link: https://www.econbiz.de/10012922885
can be higher under a cap-and-trade scheme. Fringe countries gain by mitigation in the policy bloc, and more under a …
Persistent link: https://www.econbiz.de/10012975982
to enable immediate investment in climate change mitigation and adaptation, and the bonds would be repaid by future … mitigation efforts undertaken today. The paper examines the effects of combining green bonds and carbon pricing in a three …
Persistent link: https://www.econbiz.de/10012864368
This study uses a computable general equilibrium model to analyze various policy scenarios for a carbon tax on greenhouse gas emissions from petroleum fuels and kerosene in Ethiopia. The carbon tax starts at $5 per ton of carbon dioxide in 2018 and rises to $30 per ton in 2030. Different...
Persistent link: https://www.econbiz.de/10012869974
The international aviation and maritime sectors today enjoy relatively favorable tax treatment, as their fuels are not taxed and the sectors are not subject to any value-added tax or turnover tax. Nor are these fuel uses subject to any global measures to reduce their associated CO2 emissions,...
Persistent link: https://www.econbiz.de/10012975491
Under the Kyoto Protocol, countries can meet treaty obligations by investing in projects that reduce or sequester greenhouse gases elsewhere. Prior to ratification, treaty participants agreed to launch country-based pilot projects, referred to collectively as Activities Implemented Jointly...
Persistent link: https://www.econbiz.de/10012747845
Although water variability has already been observed across river basins, climate change is predicted to increase variability. Such environmental changes may aggravate political tensions, especially in regions that are not equipped with an appropriate institutional apparatus. Increased...
Persistent link: https://www.econbiz.de/10012966022
The fact that developing countries do not have carbon emission caps under the Kyoto Protocol has led to the current interest in high-income countries in border taxes on the "virtual" carbon content of imports. The authors use Global Trade Analysis Project data and input-output analysis to...
Persistent link: https://www.econbiz.de/10012976703
climate risks and constrained capacity for climate adaptation and mitigation efforts. The paper finds that many countries face …
Persistent link: https://www.econbiz.de/10012844088