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Decarbonizing economies through carbon pricing - is there an ideal policy mix?

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Explicit and implicit carbon pricing are indispensable to reduce emissions and direct economies towards carbon neutrality. This report aimed to investigate whether there is a policy mix that is the most effective in emission reduction. A cluster analysis showed that stringent market based instruments such as the CO2 tax are substantial for effective emission abatement. In a second step, a political feasibility analysis was conducted to investigate how Mexico can improve its environmental policy frameworks. This showed the importance of addressing distributional concerns and introducing country-specific steps to advance national carbon pricing strategies

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Climate change Decarbonization Carbon pricing Mexico

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Licença CC