After Paris Book Reviews

AUTHOR
Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan
SCORE
0
TOTAL RATINGS
34

After Paris by Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan Book Summary

This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigation pledges submitted by 186 countries for the December 2015 Paris Agreement while providing revenue for lowering other taxes or debt. Carbon pricing in developing countries would effectively mobilize climate finance, and carbon price floor arrangements are a promising way to coordinate policies internationally. Targeted fiscal measures that are tailored to national circumstances and robust across climate scenarios are needed to counter private sector under-investment in climate adaptation. And increased disclosure of carbon footprints, stress testing of asset values, and greater proliferation of hedging instruments, will facilitate low-emission investments and climate risk diversification through financial markets.

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Book Name After Paris
Genre Science & Nature
Published
Language English
E-Book Size 3.18 MB

After Paris (Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan) Book Reviews 2024

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Other Books from Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan
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Summary of After Paris by Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan

The After Paris book written by Mai Farid, Michael Keen, Michael G. Papaioannou, Ian W.H. Parry, Catherine A. Pattillo & Anna Ter-Martirosyan was published on 11 January 2016, Monday in the Science & Nature category. A total of 34 readers of the book gave the book 0 points out of 5.

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