The FASTER Principles for Successful Carbon Pricing : An Approach Based on Initial Experience

The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and irreversible impacts will grow without action to limit and reverse the growth of GHG emissions globally. Last year’s Intergovernmental Panel on Climate Change (IPCC) report makes clear the overwhelming need to take action now on climate change and that the costs of inaction will only rise. The challenge is to decarbonize our economies by 2100 with action in the next decades being critical. The choices made by government, the private sector, and civil society as part of the transition to a decarbonized economy will determine the extent of future climate impacts but also provide an opportunity to unlock investment and build an innovative, dynamic low-carbon economy.

Saved in:
Bibliographic Details
Main Authors: OECD, World Bank Group
Format: Report biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2015-09-20
Subjects:EMISSION ALLOWANCES, CARBONTAX, TOTAL EMISSIONS, REGIONAL GREENHOUSE GAS INITIATIVE, CARBON CONTENT, CLEANER TECHNOLOGIES, SULPHUR DIOXIDE, DOMESTIC CARBON, FOSSIL FUELS, CARBON DIOXIDE, AIR QUALITY, EMISSION INTENSITY, GAS TURBINES, GREENHOUSE GAS EMISSIONS, EMISSIONS LEVELS, CARBON, ALUMINUM, NITROGEN OXIDES, CONVERGENCE, STORMS, COSTS OF EMISSIONS, WIND, CLEAN ENERGY, EMISSIONS, EMISSIONTRADING, PROPANE, INTERNATIONAL EMISSIONS, CARBON MARKETS, GREENHOUSE EMISSIONS, INCENTIVES, EMISSION REDUCTION, GHGS, EMISSION CONTROL, GAS, GREENHOUSE GAS EMISSION, NOX, CLIMATECHANGE, EMISSIONTRADINGSYSTEM, EMISSION REDUCTIONS, CARBON TECHNOLOGIES, AIR, GREENHOUSE GAS, CARBON LEAKAGE, FERTILIZERS, CARBON MITIGATION, CARBON BUDGETS, BOILERS, BIOMASS, EMISSION TRADING SYSTEM, CO2, IRON, AIR POLLUTION, NEGATIVE IMPACT, EMISSION RATE, ENERGY MIX, CARBON CAPTURE, RETROFITTING, EMISSION LEVELS, FLOODS, OXIDES, CAPACITY, GHG, REGIONAL CARBON, FUEL USE, OIL PRODUCTS, GLOBAL WARMING, PETROLEUMGAS, DIFFUSION, CARBON TAXES, EMISSIONS LEAKAGE, CARBON ECONOMY, LAND DEGRADATION, EMISSIONS PRICES, EMISSIONS MITIGATION, FORESTRY, EMISSION TRADING, GAS EMISSIONS, ENERGY POLICY, FUELS, FUEL SWITCHING, AMOUNT OF EMISSIONS, GREENHOUSE GASES, CLEAN TECHNOLOGIES, CARBON EMISSIONS, LAND USE, EMISSIONS REDUCTIONS, SULPHUR, NATIONAL EMISSIONS, GREENHOUSE, EMISSION, CARB, LEAD, IPCC, CLIMATE CHANGE, DROUGHT, REGIONAL EMISSIONS, CARBONTAXES, CARBON CREDITS, CARBON REGULATION, GREENHOUSEGAS, CARBON TRADING, EMISSIONS DATA, ELECTRICITY, SECONDARY MARKETS, EMISSIONS VALUES, FOSSIL FUEL USE, CLIMATE, DEFORESTATION, GREENHOUSE-GAS, FOSSILFUELS, FOSSIL FUEL, CARBON PRICE, NITROUS OXIDE, CLIMATE CHANGE MITIGATION, CLIMATE CHANGE LEVY, FOREST, CARBON ENERGY, CARBON OFFSET, CARBONPRICES, EMISSION-REDUCTION, DUST, ENERGY PRODUCTION, SOLAR POWER, GAS EMISSION, EMISSIONS ALLOWANCES, ENERGY EFFICIENCY, FOREST LAND, NATURAL GAS, EMISSIONS FROM FUEL, CARBON PRICES, EMISSIONS TAXES, COMBUSTION, GREENHOUSE GAS INITIATIVE, NITROGEN, FUEL PRICE, COAL, FUEL TYPE, FUEL OIL, CARBON MARKET, LESS, INTERNATIONALEMISSIONS, LOW-CARBON, CLEAN TECHNOLOGY, SO2, METHANE, EMISSIONS FROM FUEL COMBUSTION, RENEWABLE ENERGY, PETROLEUM PRODUCTS, GASES, CARBON TAX, EMISSION STANDARDS, EMISSION TAXES, DIESEL, CARBONIZATION, FREEZE, PRICES, LIQUIFIEDPETROLEUMGAS, NEGATIVE IMPACTS, BENEFITS, CARBONDIOXIDE, INDUSTRIAL EMISSIONS, ENERGY, EMISSION CONTROL STRATEGIES,
Online Access:http://documents.worldbank.org/curated/en/2015/09/25060584/faster-principles-successful-carbon-pricing-approach-based-initial-experience
http://hdl.handle.net/10986/22641
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and irreversible impacts will grow without action to limit and reverse the growth of GHG emissions globally. Last year’s Intergovernmental Panel on Climate Change (IPCC) report makes clear the overwhelming need to take action now on climate change and that the costs of inaction will only rise. The challenge is to decarbonize our economies by 2100 with action in the next decades being critical. The choices made by government, the private sector, and civil society as part of the transition to a decarbonized economy will determine the extent of future climate impacts but also provide an opportunity to unlock investment and build an innovative, dynamic low-carbon economy.