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  • Stabi Berlin  (4)
  • Graue Literatur  (4)
  • 1
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, Development Economics, Development Research Group
    UID:
    gbv_1743788495
    Format: 1 Online-Ressource (circa 33 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9443
    Content: This paper discusses compensation mechanisms to strengthen incentives for lower-income countries to adopt carbon taxes through donor-funded support programs. The paper considers two cases: the provision of climate finance when the host country uses the additional mitigation to meet its own greenhouse gas mitigation target (the "incremental cost price"); and a transaction in an international carbon market with the mitigation credit created by host country mitigation transferred outside the country (the "opportunity cost price"). Both offset the host country's deadweight loss from imposing a carbon tax, which is lower when the host country enjoys large co-benefits from mitigation. Formulas are derived for the incremental cost price and the opportunity cost price. The opportunity cost price is always larger than the incremental cost price, as the host country under the opportunity cost price must use additional, more expensive mitigation policies to reach its mitigation target. The paper discusses additional costs and barriers that deter hosts from adopting carbon taxes. These arguments can help to explain why few low-income countries have so far adopted carbon taxes, and why the necessary compensation for tax adoption may exceed theoretical assessments
    Additional Edition: Erscheint auch als Druck-Ausgabe Strand, Jon Supporting Carbon Tax Implementation in Developing Countries through Results-Based Payments for Emissions Reductions Washington, D.C : The World Bank, 2020
    Language: English
    Keywords: Graue Literatur
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  • 2
    UID:
    gbv_1666275115
    Format: 1 Online-Ressource (circa 31 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8775
    Content: The Amazon rainforest, the world's largest tropical rainforest and an important constituent of the global biosphere, continues degrading by rapid deforestation, which is expected to continue despite policies to prevent it. Current international funding to protect the Amazon rainforest focuses on benefits from reduced carbon emissions. This paper examines an additional rationale for Amazon protection: the valuation of its biodiversity and forests as natural heritage to the international community. To measure the economic value of this benefit, the paper examines U.S. and Canadian households' willingness to pay to help finance Amazon rainforest protection. The analysis finds that mean willingness to pay to avoid forest losses projected to occur by 2050 despite current protective policies is USD 92 per household per year. Aggregating across all households and considering the area protected, the analysis finds that preserving the Amazon rainforest is worth USD 3,168 per hectare (95-percent confidence interval USD 1,580-USD 4,756), on average, to households in the United States and Canada. Considering households in other developed countries would generate yet larger estimates of aggregate value, likely comparable to the carbon benefits from rainforest protection. The results reveal high values of the Amazon rainforest to people geographically distanced from it, lending support to international efforts to reduce deforestation in the Amazon
    Additional Edition: Erscheint auch als Druck-Ausgabe Siikamaki, Juha Veikko International Willingness to Pay for the Protection of the Amazon Rainforest Washington, D.C : The World Bank, 2019
    Language: English
    Keywords: Graue Literatur
    URL: Volltext  (lizenzpflichtig)
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  • 3
    Online Resource
    Online Resource
    Washington, DC, USA : World Bank Group, Development Economics, Development Research Group
    UID:
    gbv_1675738475
    Format: 1 Online-Ressource (circa 41 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8914
    Content: This paper considers the impacts of "finance blending" whereby climate finance is added to international carbon markets for offset trading. The paper first discusses climate finance and the carbon market as free-standing finance solutions by high-income countries to increase mitigation in low-income countries. Climate finance solutions have advantages for high-income countries due to their greater flexibility and general efficiency. A favorable aspect of well-functioning offset markets is that all participating countries face a similar and robust carbon price. With finance blending and "all attribution to the carbon market," the market equilibrium is inefficient, as mitigation is excessive in low-income countries and too low in high-income countries. Instead, mitigation outcomes in the offset market should be attributed to the two finance types in proportion to their finance shares provided to the low-income countries through this market. When climate finance is added to the carbon market, the ambition level for emissions reductions for donor countries should be raised equivalently; otherwise, the added climate finance leads to no increase in global mitigation. When low-income country market participants have limited access to credit markets, climate finance can increase mitigation by supplying the capital required to implement efficient mitigation projects
    Additional Edition: Erscheint auch als Druck-Ausgabe Strand, Jon Climate Finance, Carbon Market Mechanisms and Finance "Blending" as Instruments to Support NDC Achievement under the Paris Agreement Washington, D.C : The World Bank, 2019
    Language: English
    Keywords: Graue Literatur
    URL: Volltext  (lizenzpflichtig)
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  • 4
    UID:
    gbv_1723781703
    Format: 1 Online-Ressource (circa 40 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9251
    Content: This paper uses simple analytical models to study high-income donor countries' willingness to pay to supply mitigation finance to low-income countries; how this depends on modality for finance supply; and how it changes as the global greenhouse gas mitigation agenda moves forward. The paper focuses on two modalities: transformational project-based mitigation finance (transitioning from fossil to non-fossil energy use at scale), and transformational policy-based mitigation finance support (implementing comprehensive carbon taxation). These modalities are compared with conventional finance for which donors have lower willingness to pay. High-income countries' willingness to pay is higher when mitigation is combined with carbon taxation; private-sector finance is also more highly incentivized. Reaching the transformational mitigation finance stage can be challenging, as it may require large provision of mitigation finance with negative net returns to high-income countries. Willingness to pay will be higher when high-income countries collaborate in the provision of mitigation finance. The findings show that more effective collaboration can be sustained when it is enforced by an international financial institution that collects and spends the provided mitigation finance to induce efficient mitigation activity in low-income countries and collaboration among donors is enforced by simple tit-for-tat reaction strategies
    Additional Edition: Erscheint auch als Druck-Ausgabe Strand, Jon Transformational Climate Finance: Donors' Willingness to Support Deep and Transformational Greenhouse Gas Emissions Reductions in Lower-Income Countries Washington, D.C : The World Bank, 2020
    Language: English
    Keywords: Graue Literatur
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