A Framework For Comparing Climate Mitigation Policies Across Countries PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A Framework For Comparing Climate Mitigation Policies Across Countries PDF full book. Access full book title A Framework For Comparing Climate Mitigation Policies Across Countries.

A Framework for Comparing Climate Mitigation Policies Across Countries

A Framework for Comparing Climate Mitigation Policies Across Countries
Author: Mr. Simon Black
Publisher: International Monetary Fund
Total Pages: 39
Release: 2022-12-16
Genre: Business & Economics
ISBN:
GET BOOK

Download A Framework for Comparing Climate Mitigation Policies Across Countries Book in PDF, ePub and Kindle

There is growing interest in international coordination over climate mitigation policy. Climate clubs or international carbon price floors could complement the Paris Agreement by helping to deliver the near-term cuts in global greenhouse gas emissions needed to contain global warming to 1.5 to 2oC. To ensure inclusivity, these arrangements need to account for varying mitigation policies across countries, including carbon pricing, fuel taxes, subsidy reform, and non-pricing approaches like regulations. A transparent methodology is needed to compare and monitor mitigation effort by countries implementing diverse policy packages. This paper presents and illustrates a methodology for converting climate mitigation policies and targets into their carbon price equivalents and applies it to the Group of Twenty (G20) countries.

Public Perceptions of Climate Mitigation Policies

Public Perceptions of Climate Mitigation Policies
Author: Ms. Era Dabla-Norris
Publisher: International Monetary Fund
Total Pages: 33
Release: 2023-02-09
Genre: Business & Economics
ISBN:
GET BOOK

Download Public Perceptions of Climate Mitigation Policies Book in PDF, ePub and Kindle

Building public support for climate mitigation is a key prerequisite to making meaningful strides toward implementing climate mitigation policies and achieving decarbonization. Using nationally representative individual-level surveys for 28 countries, this note sheds light on the individual characteristics and beliefs associated with climate risk perceptions and preferences for climate policies.

The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change

The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change
Author: Mr. Simon Black
Publisher: International Monetary Fund
Total Pages: 72
Release: 2023-06-23
Genre: Business & Economics
ISBN:
GET BOOK

Download The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change Book in PDF, ePub and Kindle

To stabilize the climate, global greenhouse gas emissions must be cut by 25 to 50 percent by 2030 compared to 2019. Such an unprecedented rate of decarbonization necessitates climate mitigation policies across countries, notably carbon pricing, fossil fuel subsidy reform, renewable subsidies, feebates, emission rate regulations, and public investments. To design and implement effective, efficient, and equitable policies, governments need tools to assess economic, environmental, fiscal, and social impacts. To support this effort, the IMF and World Bank are making their joint Climate Policy Assessment Tool (CPAT) available to governments. CPAT is a transparent, flexible, and user-friendly model covering over 200 countries. It allows for the rapid quantification of impacts of climate mitigation policies, including on energy demand, prices, emissions, revenues, welfare, GDP, households and industries, local air pollution and health, and many other metrics. This paper describes the CPAT model, its data sources, key assumptions, and caveats.

Public Support for Climate Change Mitigation Policies: A Cross Country Survey

Public Support for Climate Change Mitigation Policies: A Cross Country Survey
Author: Ms. Era Dabla-Norris
Publisher: International Monetary Fund
Total Pages: 49
Release: 2023-10-27
Genre: Business & Economics
ISBN:
GET BOOK

Download Public Support for Climate Change Mitigation Policies: A Cross Country Survey Book in PDF, ePub and Kindle

Building public support for climate mitigation is a key prerequisite to making meaningful strides toward decarbonization and achieving net-zero emissions. Using nationally representative, individual-level surveys for 28 countries, this paper identifies the current levels and drivers of support for climate mitigation policies. Controlling for individual characteristics, we find that pre-existing beliefs about policy efficacy, perceived costs and co-benefits (e.g., cleaner air), and the degree of policy progressivity are important drivers of support for carbon pricing policies. The knowledge gap about climate mitigation policies can be large, but randomized information experiments show that support increases (decreases) after individuals are introduced to new information on the benefits (potential costs) of such policies.

Comparing Emissions Mitigation Efforts Across Countries

Comparing Emissions Mitigation Efforts Across Countries
Author: William Pizer
Publisher:
Total Pages: 17
Release: 2015
Genre: Carbon dioxide mitigation
ISBN:
GET BOOK

Download Comparing Emissions Mitigation Efforts Across Countries Book in PDF, ePub and Kindle

A natural outcome of the emerging pledge and review approach to international climate change policy is the interest in comparing mitigation efforts among countries. Domestic publics and stakeholders will have an interest in knowing if 'comparable' or 'peer' countries are undertaking (or planning to undertake) 'comparable' effort in mitigating their greenhouse gas emissions. Moreover, if the aggregate effort is considered inadequate in addressing the risks posed by climate change, then this will likely prompt interest in identifying opportunities for greater effort by individual countries, an assessment that requires metrics of effort and comparisons among countries. We propose a framework for comparing mitigation effort, drawing from a set of principles for designing and implementing informative metrics. We present a template for organizing metrics on mitigation effort, for both ex ante and ex post review of effort. We also provide preliminary assessments of effort along emissions, price, and cost metrics for post-2020 climate policy contributions by China, the European Union, and the United States. We close with a discussion of the role of academics and civil society in promoting transparency and facilitating the evaluation and comparison of effort.

Advancing the Science of Climate Change

Advancing the Science of Climate Change
Author: National Research Council
Publisher: National Academies Press
Total Pages: 526
Release: 2011-01-10
Genre: Science
ISBN: 0309145880
GET BOOK

Download Advancing the Science of Climate Change Book in PDF, ePub and Kindle

Climate change is occurring, is caused largely by human activities, and poses significant risks for-and in many cases is already affecting-a broad range of human and natural systems. The compelling case for these conclusions is provided in Advancing the Science of Climate Change, part of a congressionally requested suite of studies known as America's Climate Choices. While noting that there is always more to learn and that the scientific process is never closed, the book shows that hypotheses about climate change are supported by multiple lines of evidence and have stood firm in the face of serious debate and careful evaluation of alternative explanations. As decision makers respond to these risks, the nation's scientific enterprise can contribute through research that improves understanding of the causes and consequences of climate change and also is useful to decision makers at the local, regional, national, and international levels. The book identifies decisions being made in 12 sectors, ranging from agriculture to transportation, to identify decisions being made in response to climate change. Advancing the Science of Climate Change calls for a single federal entity or program to coordinate a national, multidisciplinary research effort aimed at improving both understanding and responses to climate change. Seven cross-cutting research themes are identified to support this scientific enterprise. In addition, leaders of federal climate research should redouble efforts to deploy a comprehensive climate observing system, improve climate models and other analytical tools, invest in human capital, and improve linkages between research and decisions by forming partnerships with action-oriented programs.

Successful Climate Change Mitigation Under Different Governance Modes

Successful Climate Change Mitigation Under Different Governance Modes
Author: Jennia Jin
Publisher:
Total Pages:
Release: 2019
Genre:
ISBN:
GET BOOK

Download Successful Climate Change Mitigation Under Different Governance Modes Book in PDF, ePub and Kindle

Climate Change represents today a crucial issue for the global community; successful energy transition is essential and effective climate policies necessary. On the international level, the climate discussions occur principally under the umbrella of the United Nations Framework Convention on Climate Change. To follow-up on the international pledges, the countries implement nation-specific climate policies domestically, closely related to energy governance. This paper focuses on the climate mitigation efforts of two countries with drastically different governance modes, namely democratic Switzerland and authoritarian China. It encompasses an analysis of the two countries' targets, legal and political structures, policy instruments, policy enforcement, consumer behaviours and renewable energies promotion.

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature
Author: Signe Krogstrup
Publisher: International Monetary Fund
Total Pages: 58
Release: 2019-09-04
Genre: Business & Economics
ISBN: 1513511955
GET BOOK

Download Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature Book in PDF, ePub and Kindle

Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.

Economic and Environmental Benefits from International Cooperation on Climate Policies

Economic and Environmental Benefits from International Cooperation on Climate Policies
Author: Jean Chateau
Publisher: International Monetary Fund
Total Pages: 50
Release: 2022-03-17
Genre: Business & Economics
ISBN: 1616358300
GET BOOK

Download Economic and Environmental Benefits from International Cooperation on Climate Policies Book in PDF, ePub and Kindle

This paper discusses and analyzes various international mechanisms to scale up global action on climate mitigation and address the policy gap in this area. Despite the new commitments made at COP 26, there is still an ambition and a policy gap at the global level to keep temperature increases below the 2°C agreed in Paris. Avoiding the worst outcomes of climate change requires an urgent scaling up of climate policies. Recent policy proposals include the idea of common minimum carbon prices, which underlie the IMF’s international carbon price proposal (Parry, Black, and Roaf 2021) and the climate club proposal of the German government. While global carbon prices are not a new idea, the new elements are the use of carbon price floors—which allow countries to do more if they wish—and the differentiation of carbon price floors by level of development. In the absence of international coordination, countries with ambitious climate policies are considering introducing a border carbon adjustment mechanism to prevent domestic producers from being at a competitive disadvantage due to more ambitious domestic climate policies. An interesting question from the global perspective is whether border carbon adjustment would deliver substantial additional emissions reductions or incentivize other countries to join a carbon price floor agreement.

Investing to Mitigate and Adapt to Climate Change

Investing to Mitigate and Adapt to Climate Change
Author: Anthony Bonen
Publisher: International Monetary Fund
Total Pages: 46
Release: 2016-09-22
Genre: Business & Economics
ISBN: 1475539711
GET BOOK

Download Investing to Mitigate and Adapt to Climate Change Book in PDF, ePub and Kindle

We propose a macroeconomic model to assess optimal public policy decisions in the the face of competing funding demands for climate change action versus traditional welfare-enhancing capital investment. How to properly delineate the costs and benefits of traditional versus adaption-focused development remains an open question. The paper places particular emphasis on the changing level of risk and vulnerabilities faced by developing countries as they allocate investment toward growth strategies, adapting to climate change and emissions mitigation.