Jörg Peters co-heads the research department “Climate Change and Development” at RWI– Leibniz Institute for Economic Research, Germany
Ongoing global warming is due to historic emissions by Western countries and, more recently, high economic growth rates in Asia and Latin America have contributed significantly to the carbon stock as well. Sub-Saharan Africa (SSA) for long has been in the spotlight only for climate change adaptation but is increasingly entering the debate as a potential future emitter. Accordingly, there has been a push to tax carbon in SSA. Indeed, carbon taxation is often praised as the go-to instrument for efficient climate policy. In this comment, we argue that it is wrong to tax carbon in SSA. It is likely to be ineffective, and it almost certainly hurts the poor. As an alternative, climate policy should focus on adaptation in least developed countries and for more advanced ones on preventing carbon-lock in effects by disruptive green investments.
Friday Lunch Meeting will take place from 12.30 pm to 2.00 pm
FLMs are held in a hybrid format (face-to-face or zoom)
The zoom link will be sent to you once your registration completed.
In face-to-face format, the event is held in the seminar room on the 4th floor of the Palais Brongniart, 28 Place de la Bourse, 75002 Paris.