This paper estimates the distributional effects of five carbon pricing mechanisms aimed at reducing global greenhouse gas emissions by linking a general equilibrium model with a global microsimulation. This paper finds that carbon mitigation policies have negative but small impacts on global poverty and inequality, although with large heterogeneity between countries. Pursuing a mitigation policy consistent with the nationally determined contributions...
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2023/06/24
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Report
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183270
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1
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2023/06/26
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Disclosed
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Assessing the Distributional Impacts of Carbon Pricing Mechanisms to Reduce Global Emissions
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