Tag: climate mitigation

Could the Energy Transition Benefit Africa’s Economies?

As the world’s youngest continent, IRENA’s report Renewable Energy Market Analysis: Africa and its Regions, reveals a global reduction in carbon dioxide emissions in line with the Paris agreement could have a significant, positive impact on gross domestic product (GDP), job creation, and welfare across Africa, through ways such as reduced climate impacts, improved public health, and the creation of new industries that support the Energy Transition in and outside of Africa.

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Scaling up Climate Mitigation Policy in Germany

This paper shows the substantial variation in the price responsiveness of emissions across sectors and thus prices implied by sectoral targets. It proposes various measures to help Germany meet emissions targets with greater certainty and cost effectiveness. The paper also studies the distributional impact of higher carbon pricing and suggests that reducing social security contributions can mitigate the regressive direct impact of higher carbon pricing on lower income households.

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