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| PREM Note Special Series on Climate Change |
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The PREM notes on the Economics of Climate Change are part of the effort conducted by the Poverty Reduction and Economic Management Vice Presidency of the World Bank to raise awareness on poverty, distributional, financial, fiscal, and trade related issues that tend to be underestimated in the more scientific and political debates surrounding Climate Change. The notes do not necessarily reflect the view of the World Bank, its board or its member countries. However, they do reflect many of the issues currently being debated by economists working on emerging or overlooked economic aspects of environmental problems and policies. |
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1 to 5 of 5 |
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Climate Change, Growth and Poverty
PREM Note Special Series: CC N. 5
Equity emerged as the principal theme during the PREM Week 2008 session Climate Change, Growth and Poverty, where presenters addressed the distributional consequences of climate change, as well as countries unequal capacity to cope with the twin challenges of adaptation and mitigation. They highlighted actions to strengthen the global knowledge base, bolster domestic institutions, and mobilize innovative sources of financing as immediate priorities for the World Bank and its partners.
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Carbon Labelling and Poor Country Exports
PREM Note Special Series: CC N. 4
Carbon labelling is being adopted by private firms as a mechanism for mitigating climate change. Such schemes are likely to have a significant impact on low-income country exports due to the need for transportation and the small size of their exporters. However, transport emissions may be offset by favorable production conditions and size bias may be reduced. The design and implementation of carbon labelling will need to take into account a number of complex, technical challenges. As innovative solutions emerge, it is important that low income countries are involved in discussions on the design and implementation of carbon labelling.
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Climate Change and Poverty: An Integrated Strategy for Adaptation
PREM Note Special Series: CC N. 3
Developing countries are most exposed to the impact of climate change and within these countries, the poor face the brunt of the burden. Climate change is not a discrete problem that can be dealt with through isolated reforms: impacting economic growth, health, and institutional capacity, it represents a full-frontal challenge to development. This note traces the multi-dimensional impacts of climate change, particularly on the poor, and proposes a three pronged integrated response to promote adaptation and help poor households cope with related risks.
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What is the Role of Carbon Taxes in Climate Change Mitigation?
PREM Note Special Series: CC N. 2
This note argues that a carbon tax system is more practical to implement, monitor and enforce than tradable permit-based approaches to global climate-change action. It suggests that a sensible design would be an upstream carbon tax on the fossil fuel supply chain, which could also include other major non-CO2 greenhouse gases (GHGs). While risks such as fiscal cushioning exist, a tax-based system would be more transparent and offer the appropriate incentives for participation and compliance.
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Who Bears the Burden of Environmental Policies within Countries?
PREM Note Special Series: CC N. 1
Climate change policies will have distributional consequences across and within countries. Most of the current environmental policy instruments tend to be regressive and impose a higher burden on the poor. Despite their limitations, more systematic incidence assessments for CC policies are needed so that adaptation and mitigation policies address their distributional effects within countries.
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| These PREM Notes draw from the forthcoming PREM Economics of Climate Change Discussion Papers.
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