Brief

Distributional Impacts of Carbon Pricing on Households

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collection.link.331
https://openknowledge.worldbank.org/handle/10986/32456
collection.name.331
Carbon Pricing Leadership Coalition Reports
dc.contributor.author
Carbon Pricing Leadership Coalition
dc.date.accessioned
2020-05-04T18:58:05Z
dc.date.available
2020-05-04T18:58:05Z
dc.date.issued
2020-05-01
dc.date.lastModified
2020-05-21T05:10:40Z
dc.description.abstract
Carbon pricing policies that are aligned with the Paris Agreement objectives will have positive and negative socio-economic impacts on society. Impacts of unabated climate change are expected to disrupt economic development and disproportionally affect the poorest parts of the population, especially in lower-income countries. In response, through the Paris Agreement, the international community pledged to limit global warming to well below 2 degrees Celsius above pre-industrial levels. Carbon pricing has been highlighted as a crucial prerequisite for effective climate change mitigation. Carbon pricing is essentially a payment required to emit one ton of CO2 into the atmosphere. This makes production or consumption of carbon-intensive goods and services more expensive. While carbon pricing policies aim to shift behavior towards low-carbon alternatives, they can also result in unintended distributional effects for households, especially when lower-cost alternatives are not available. The negative distributional impacts can be offset through specific policy design choices, but efforts to do so should not undermine the goal of incentivizing emissions reduction.
en
dc.identifier
http://documents.worldbank.org/curated/en/817211588598030616/Distributional-Impacts-of-Carbon-Pricing-on-Households
dc.identifier.uri
http://hdl.handle.net/10986/33686
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CARBON PRICING
dc.subject
CARBON POLICY
dc.subject
CLIMATE CHANGE
dc.subject
CLIMATE CHANGE MITIGATION
dc.subject
POVERTY REDUCTION
dc.subject
INEQUALITY
dc.subject
GENDER INEQUALITY
dc.subject
HOUSEHOLD WELFARE
dc.subject
SOCIOECONOMIC IMPACT
dc.subject
DISTRIBUTIONAL IMPACT
dc.subject
EMISSIONS TRADING
dc.subject
GREENHOUSE GAS EMISSIONS
dc.subject
SUBSIDY REFORM
dc.subject
TAXATION INCIDENCE
dc.title
Distributional Impacts of Carbon Pricing on Households
en
dc.type
Brief
en
okr.date.disclosure
2020-05-04
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Brief
okr.docurl
http://documents.worldbank.org/curated/en/817211588598030616/Distributional-Impacts-of-Carbon-Pricing-on-Households
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0878c2f8d_1_0
okr.identifier.internaldocumentum
32006500
okr.identifier.report
148197
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/817211588598030616/pdf/Distributional-Impacts-of-Carbon-Pricing-on-Households.pdf
en
okr.topic
Environment :: Carbon Policy and Trading
okr.topic
Environment :: Climate Change Mitigation and Green House Gases
okr.topic
Poverty Reduction :: Inequality
okr.topic
Poverty Reduction :: Living Standards
okr.topic
Poverty Reduction :: Poverty, Environment and Development
okr.unit
Climate Change Carbon Markets an (SCCMI)

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