Pricing environmental externalities to reduce fossil fuel emissions might entail negative outcomes for other development targets, such as health and poverty. This proposal asks what would be optimal

Carbon tax has been shown to generate revenue and contribute to greenhouse gas reduction in several parts of the world, yet the lack of public support has continued to undermine its implementation in

The main problem facing countries in Sub-Saharan Africa is reducing poverty and conserving forest ecosystem services among rural households. Achieving this dual objective has been a problem for

China is using free allowance allocation in the national carbon emissions trading systems (ETS). With the goal of transitioning to a more efficient auction-based ETS, mechanisms that balance market

Carbon pricing needs to be a cornerstone policy to reach the Paris Climate Agreement. A common concern for introducing even moderate adjustments to prices is related to the possible adverse (or

One of the main obstacles in many countries for an effective climate policy is opposition to climate pricing. This is often based on views concerning distributional fairness between different groups

A uniform global carbon price is a cost-minimizing way to achieve CO2 emission reductions. However, the climate externality is not the only one from the use of fossil fuels, and this implies that the

Carbon pricing and fossil fuel price subsidy reforms will have distributional implications. Kept unmanaged, they will have the power to stop reforms, frequently proven in the past. While it has been

Without phasing out global coal capacities in the power sector, international climate targets will likely be out of reach. Scenario analyses of optimal mitigation pathways consistently emphasize the