A framework to decarbonise the economy:
Global progress towards tackling climate change is lagging. This paper puts forward a framework to design comprehensive decarbonisation strategies while promoting growth and social inclusion. It first highlights the need of evaluating a country's national climate targets and current policy mix,...
Gespeichert in:
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| Weitere Verfasser: | , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schriftenreihe: | OECD Economic Policy Papers
no.31 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Global progress towards tackling climate change is lagging. This paper puts forward a framework to design comprehensive decarbonisation strategies while promoting growth and social inclusion. It first highlights the need of evaluating a country's national climate targets and current policy mix, in conjunction with facilitating monitoring tools to assess current and future progress, as a key step to design effective decarbonisation strategies. It then provides a detailed comparison of several policy instruments across different assessment criteria, which indicates that no single instrument is clearly superior to all others. This highlights the need for developing decarbonisation strategies based on a wide policy mix consisting of three main components: 1) emission pricing policy instruments; 2) standards and regulations; 3) complementary policies to facilitate the reallocation of capital, labour and innovation towards low-carbon activities and to offset the adverse distributional effects of reducing emissions. However, there is no one-size-fits-all policy mix, as feasible policy choices depend on countries' industrial structure, social preferences and political constraints. A robust and independent institutional framework, stakeholders engagement and credible communication campaigns are key to managing these constraints and ultimately enhancing public acceptance of climate mitigation policies. |
| Beschreibung: | 1 Online-Ressource (88 p.) 21 x 28cm. |
| DOI: | 10.1787/4e4d973d-en |
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| indexdate | 2024-11-26T14:55:46Z |
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| spelling | D'Arcangelo, Filippo Maria VerfasserIn aut A framework to decarbonise the economy Filippo Maria, D'Arcangelo ... [et al] Paris OECD Publishing 2022 1 Online-Ressource (88 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economic Policy Papers no.31 Global progress towards tackling climate change is lagging. This paper puts forward a framework to design comprehensive decarbonisation strategies while promoting growth and social inclusion. It first highlights the need of evaluating a country's national climate targets and current policy mix, in conjunction with facilitating monitoring tools to assess current and future progress, as a key step to design effective decarbonisation strategies. It then provides a detailed comparison of several policy instruments across different assessment criteria, which indicates that no single instrument is clearly superior to all others. This highlights the need for developing decarbonisation strategies based on a wide policy mix consisting of three main components: 1) emission pricing policy instruments; 2) standards and regulations; 3) complementary policies to facilitate the reallocation of capital, labour and innovation towards low-carbon activities and to offset the adverse distributional effects of reducing emissions. However, there is no one-size-fits-all policy mix, as feasible policy choices depend on countries' industrial structure, social preferences and political constraints. A robust and independent institutional framework, stakeholders engagement and credible communication campaigns are key to managing these constraints and ultimately enhancing public acceptance of climate mitigation policies. Economics Levin, Ilai MitwirkendeR ctb Pagani, Alessia MitwirkendeR ctb Pisu, Mauro MitwirkendeR ctb Johansson, Åsa MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/4e4d973d-en Volltext |
| spellingShingle | D'Arcangelo, Filippo Maria A framework to decarbonise the economy Economics |
| title | A framework to decarbonise the economy |
| title_auth | A framework to decarbonise the economy |
| title_exact_search | A framework to decarbonise the economy |
| title_full | A framework to decarbonise the economy Filippo Maria, D'Arcangelo ... [et al] |
| title_fullStr | A framework to decarbonise the economy Filippo Maria, D'Arcangelo ... [et al] |
| title_full_unstemmed | A framework to decarbonise the economy Filippo Maria, D'Arcangelo ... [et al] |
| title_short | A framework to decarbonise the economy |
| title_sort | framework to decarbonise the economy |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/4e4d973d-en |
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