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Towards a comprehensive approach to climate policy, sustainable infrastructure, and finance

Author

Listed:
  • Bak, Céline
  • Bhattacharya, Amar
  • Edenhofer, Ottmar
  • Knopf, Brigitte

Abstract

The authors propose a policy package of low-carbon growth stimulation through a steep increase in sustainable infrastructure, mobilizing sustainable finance, and adoption of carbon pricing to simultaneously achieve the objectives of the Paris Agreement and the Sustainable Development Goals.

Suggested Citation

  • Bak, Céline & Bhattacharya, Amar & Edenhofer, Ottmar & Knopf, Brigitte, 2017. "Towards a comprehensive approach to climate policy, sustainable infrastructure, and finance," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-13.
    • Handle: RePEc:zbw:ifweej:201733
    DOI: 10.5018/economics-ejournal.ja.2017-33
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    References listed on IDEAS

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    1. World Bank & Ecofys & Vivid Economics & Thomas Michael Kerr, "undated". "State and Trends of Carbon Pricing 2016," World Bank Publications - Reports 25160, The World Bank Group.
    2. Max Franks & Ottmar Edenhofer & Kai Lessmann, 2017. "Why Finance Ministers Favor Carbon Taxes, Even If They Do Not Take Climate Change into Account," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 68(3), pages 445-472, November.
    3. Mr. David Coady & Ian W.H. Parry & Louis Sears & Baoping Shang, 2015. "How Large Are Global Energy Subsidies?," IMF Working Papers 2015/105, International Monetary Fund.
    4. Liu, Antung Anthony, 2013. "Tax evasion and optimal environmental taxes," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 656-670.
    5. Schwerhoff, Gregor & Nguyen, Thang Dao & Edenhofer, Ottmar & Grimalda, Gianluca & Jakob, Michael & Klenert, David & Siegmeier, Jan, 2017. "Policy options for a socially balanced climate policy," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-11.
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    Citations

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    Cited by:

    1. Afrifa, Godfred Adjapong & Tingbani, Ishmael & Yamoah, Fred & Appiah, Gloria, 2020. "Innovation input, governance and climate change: Evidence from emerging countries," Technological Forecasting and Social Change, Elsevier, vol. 161(C).
    2. García-Sánchez, Isabel-María & Aibar-Guzmán, Beatriz & Raimo, Nicola & Vitolla, Filippo & Schiuma, Giovanni, 2024. "Climate governance, growth opportunities, and innovation in addressing climate change: Empirical evidence from emerging countries," Finance Research Letters, Elsevier, vol. 70(C).
    3. Jakob, Michael & Soria, Rafael & Trinidad, Carlos & Edenhofer, Ottmar & Bak, Céline & Bouille, Daniel & Buira, Daniel & Carlino, Hernan & Gutman, Veronica & Hübner, Christian & Knopf, Brigitte & Lucen, 2019. "Green fiscal reform for a just energy transition in Latin America," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-11.
    4. Boyce, James K., 2018. "Carbon Pricing: Effectiveness and Equity," Ecological Economics, Elsevier, vol. 150(C), pages 52-61.

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    More about this item

    Keywords

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    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence

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