Carbon Pricing Assessment and Decision-Making : A Guide to Adopting a Carbon Price
Many countries and subnational jurisdictions are considering putting a price on carbon to help reduce greenhouse gas (GHG) emissions and achieve their climate commitments. There are currently 64 carbon pricing instruments (CPIs) in place or in the...
| Main Author: | |
|---|---|
| Format: | Technical Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/443321617707561042/Carbon-Pricing-Assessment-and-Decision-Making-A-Guide-to-Adopting-a-Carbon-Price http://hdl.handle.net/10986/35387 |
| Summary: | Many countries and subnational
jurisdictions are considering putting a price on carbon to
help reduce greenhouse gas (GHG) emissions and achieve their
climate commitments. There are currently 64 carbon pricing
instruments (CPIs) in place or in the process of
implementation, with 10 launched in 2019 alone. Before a
jurisdiction implements a CPI, it will often examine the
role a CPI will play and the rationale for adopting it. The
objective of this guide is to help policymakers build the
case for carbon pricing and choose an appropriate CPI.
Chapter one sets out the rationale for putting an explicit
price on carbon and examines the two main options for
implementation: emissions trading system (ETSs) and carbon
taxes. Chapter two outlines the local conditions that
policymakers need to consider. Chapter three outlines how to
assess the potential impacts of carbon pricing on key
stakeholders. Chapter four describes how the work done in
the previous sections can be used to make an informed
recommendation for carbon pricing implementation, and how
the recommendation can then be communicated effectively. |
|---|