How carbon prices could ensure equitable sustainable development

Effective climate change mitigation measures, such as carbon pricing or reforming fossil fuel subsidies, are often perceived to undermine inclusive economic development and are, thus, rejected. These concerns are ill-founded. In fact, such measures can reconcile the intertwined challenges of sustainable development, help to avoid detrimental carbon-intensive lock-ins and mobilize domestic resources for social safety nets or investments in basic public infrastructure.

Dr. Jan Steckel and Ira Dorband from the MCC discuss how carbon prices could ensure equitable sustainable development in a blog post for The Green Fiscal Policy Network. Read the post here

News | 6 May 2020