Mobilizing domestic resources for the Agenda 2030 via carbon pricing

November 8, 2021 Siddhant Goyal

Date of Publication: Jul 16, 2018

Author: Max Franks, Kai Lessmann & Ottmar Edenhofer

Summary:

A shift away from fossil fuel subsidies to carbon pricing could generate revenues to finance progress towards the Sustainable Development Goals. This Perspective shows that in many low-income countries, as private sources of finance are limited, revenues from carbon taxes could be a particularly attractive policy option for financing the SDGs.

Link to Full Reading:

https://www.nature.com/articles/s41893-018-0083-3