Distributional Impacts of Carbon Pricing in Low- and Middle-Income Countries
EfD Authors:
The climate targets agreed upon in the Paris Agreement will eventually need to be backed by ambitious climate policies. Putting a price on carbon and abolishing subsidies on fossil fuels is usually widely agreed upon by economists to be the economically efficient solution (High-Level Commission on Carbon Prices 2017). An increasing amount of countries, including low- and middle-income economies (LMICs), have already introduced (or plan to do so) carbon pricing schemes.
