The question
Beyond cutting emissions, what development benefits can carbon pricing deliver, and how can policy makers measure them and build them into economic models?
What BEAR found
The guide identifies seven main areas of benefit from carbon pricing: air quality, water, soil health, transport, fiscal policy, the balance of payments and technological change.
For each, it shows how to identify, measure and build the benefit into computable general equilibrium modeling, while flagging distributional costs and the measures that offset them.
Method
A synthesis of the evidence linking carbon prices to each benefit area, with partial and general equilibrium modeling guidance and worked examples.
Team
David Roland-Holst, Drew Behnke, Sam Heft-Neal and Ryan Triolo.
Public record
- Beyond Mitigation: Quantifying the Development Benefits of Carbon Pricing (PDF)World Bank, 2021
- Open Knowledge Repository recordWorld Bank
How to cite
Partnership for Market Readiness (2021). Beyond Mitigation: Quantifying the Development Benefits of Carbon Pricing. Washington, DC: World Bank. Prepared by Berkeley Economic Advising and Research. License: CC BY 3.0 IGO.
