Mitigating Climate Change: Growth-Friendly Policies to Achieve Net Zero Emissions by 2050

Author: Ms. Florence Jaumotte, Weifeng Liu, and Warwick J. McKibbin

Volume/Issue: Volume 2021 Issue 195

Publication date:

ISBN:

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Taxation - General , Economics / General , Environmental Economics , Environmental Conservation and Protection , Natural Resources , policy package , climate mitigation strategy , baseline CO2 emission , scenario design , B , Policy tool , Carbon tax , Greenhouse gas emissions , Non-renewable resources , Climate finance , Global , Europe

Also of interest

WORKING PAPERS PUBLISHED IN JUNE 2004

WORKING PAPERS PUBLISHED IN JUNE 2005

WORKING PAPERS PUBLISHED IN SEPTEMBER 2003

Summary

Background paper prepared for the October 2020 IMF World Economic Outlook. This paper provides a detailed presentation of the simulation results from the October 2020 IMF World Economic Outlook chapter 3 and an additional scenario with carbon pricing only for comparison with the comprehensive policy package where green investments were also included. This paper has greatly benefitted from continuous discussions with Oya Celasun and Benjamin Carton on the design of simulations; contributions from Philip Barrett for part of the simulations; and research support from Jaden Kim. We also received helpful comments from other IMF staff. All remaining errors are ours. McKibbin and Liu acknowledge financial support from the Australian Research Council Centre of Excellence in Population Ageing Research (CE170100005).