Publication: Mobilizing Carbon Finance to Meet the Socioeconomic Costs of Reforming Energy Tariffs and Subsidies in Uzbekistan
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2024-06-07
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2024-06-07
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Across the globe countries are looking to cut greenhouse gas emissions to reach carbon neutrality and combat climate change. But doing so can be complicated. Countries are putting a price on carbon emissions (or carbon equivalents for other gases). In a landmark pilot in Uzbekistan, the World Bank is testing a way to reward countries for improving their sustainable energy policies. The program monetizes carbon-cutting efforts and prepares the country to sell carbon credits on the international carbon market.
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“Safarov, Maksudjon; Smith, Jason James. 2024. Mobilizing Carbon Finance to Meet the Socioeconomic Costs of Reforming Energy Tariffs and Subsidies in Uzbekistan. Live Wire; 2024/133. © World Bank. http://hdl.handle.net/10986/41673 License: CC BY-NC 3.0 IGO.”
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