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Journal Article

Mobilizing domestic resources for the Agenda 2030 via carbon pricing

Authors
/persons/resource/franks

Franks,  R. Maximilian
Potsdam Institute for Climate Impact Research;

/persons/resource/Kai.Lessmann

Lessmann,  Kai
Potsdam Institute for Climate Impact Research;

Jakob,  M.
External Organizations;

/persons/resource/Jan.Steckel

Steckel,  Jan Christoph
Potsdam Institute for Climate Impact Research;

/persons/resource/Ottmar.Edenhofer

Edenhofer,  Ottmar
Potsdam Institute for Climate Impact Research;

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Fulltext (public)

22507oa.pdf
(Postprint), 673KB

Supplementary Material (public)
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Citation

Franks, R. M., Lessmann, K., Jakob, M., Steckel, J. C., Edenhofer, O. (2018): Mobilizing domestic resources for the Agenda 2030 via carbon pricing. - Nature Sustainability, 1, 7, 350-357.
https://doi.org/10.1038/s41893-018-0083-3


Cite as: https://publications.pik-potsdam.de/pubman/item/item_22507
Abstract
The twenty-first century is characterized by an underprovision of basic public goods, such as public health, education, infrastructure and so on, and an overuse of the atmosphere as disposal space for greenhouse gases. Carbon pricing could address both problems simultaneously: a transition from negative carbon prices (fossil fuel subsidies) to positive levels could generate revenues to finance progress towards the Sustainable Development Goals. Given the scarcity of private sources of finance in many lower-income countries, carbon pricing could be a particularly attractive policy option. Our analysis identifies countries where domestic revenues from carbon pricing consistent with the 2 °C target could contribute substantially to financing the Sustainable Development Goals.