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Green fiscal reform for a just energy transition in Latin America

Author

Listed:
  • Jakob, Michael
  • Soria, Rafael
  • Trinidad, Carlos
  • Edenhofer, Ottmar
  • Bak, Céline
  • Bouille, Daniel
  • Buira, Daniel
  • Carlino, Hernan
  • Gutman, Veronica
  • Hübner, Christian
  • Knopf, Brigitte
  • Lucena, André
  • Santos, Luan
  • Scott, Andrew
  • Steckel, Jan Christoph
  • Tanaka, Kanako
  • Vogt-Schilb, Adrien
  • Yamada, Koichi

Abstract

Green fiscal reforms would contribute to climate change mitigation, increase the economic efficiency of national tax systems and provide additional public revenues. Some countries in Latin America have already taken first steps towards green fiscal reforms. This outlook article provides an overview of the major challenges for the successful implementation of such reforms and discusses how they could be overcome.

Suggested Citation

  • 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.
    • Handle: RePEc:zbw:ifweej:201917
    DOI: 10.5018/economics-ejournal.ja.2019-17
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    Cited by:

    1. Luis Rivera-González & David Bolonio & Luis F. Mazadiego & Sebastián Naranjo-Silva & Kenny Escobar-Segovia, 2020. "Long-Term Forecast of Energy and Fuels Demand Towards a Sustainable Road Transport Sector in Ecuador (2016–2035): A LEAP Model Application," Sustainability, MDPI, vol. 12(2), pages 1-26, January.

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    More about this item

    Keywords

    green fiscal reform; energy subsidies; Latin America; multi-objective climate policy; sequencing; distribution;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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