Balancing Act: Political Economy and the Pursuit of Ambitious Carbon Pricing in Developing
Countries

doi:https://doi.org/10.1596/42093

Publication:
Balancing Act: Political Economy and the Pursuit of Ambitious Carbon Pricing in Developing Countries

dc.contributor.author	World Bank
dc.date.accessioned	2024-08-27T13:33:54Z
dc.date.available	2024-08-27T13:33:54Z
dc.date.issued	2024-09-09
dc.description.abstract	This report provides practical insights into the political economy challenges and opportunities for advancing carbon pricing, drawing on the experiences of select countries, including those in the World Bank’s Partnership for Market Implementation (PMI). Such countries often face different socioeconomic, political, and institutional environments than high-income economies. The review combines findings from academic literature in economics and political science, interviews with stakeholders, and an original survey of carbon pricing experts and policymakers in developing countries, to extract meaningful insights into how policymakers navigate political economy challenges to promote carbon pricing in developing countries. The report does not deal with the adoption of the broader set of climate policies that may also support mitigation. The premise of this report is that carbon pricing can be an effective and cost-effective instrument, one that has increasingly attracted government interest as a key part of the climate policy toolkit. The target audience for this report is national and subnational policymakers and other interested stakeholders seeking practical insights on realworld approaches that have worked or failed when advancing carbon pricing. The report does not prescribe best practices or cover every possible circumstance. Instead, by examining current practices at each stage of carbon pricing development, it aims to inform and assist in efforts to implement carbon pricing.
dc.identifier.doi	10.1596/42093
dc.identifier.uri	https://hdl.handle.net/10986/42093
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.title	Balancing Act	en
dc.title.subtitle	Political Economy and the Pursuit of Ambitious Carbon Pricing in Developing Countries
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	Balancing Act: Political Economy and the Pursuit of Ambitious Carbon Pricing in Developing Countries
okr.date.disclosure	2024-09-09
okr.date.doiregistration	2025-05-21T02:24:05.759203Z
okr.doctype	Economic & Sector Work
okr.guid	099908305012534063
okr.identifier.doi	https://doi.org/10.1596/42093
okr.identifier.report	201059
okr.region.geographical	World
okr.topic	Environment::Adaptation to Climate Change
okr.unit	CCG-CFE