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240607 ||| eng |
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|a 9798400259401
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| 100 |
1 |
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|a Cevik, Serhan
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| 245 |
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|a Climate Change Mitigation and Policy Spillovers in the EU’s Immediate Neighborhood
|c Serhan Cevik, Nadeem Ilahi, Krzysztof Krogulski, Grace Li, Sabiha Mohona, Yueshu Zhao
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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| 300 |
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|a 39 pages
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| 653 |
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|a Environmental Conservation and Protection
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| 653 |
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|a Economics
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| 653 |
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|a Environmental Economics
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Environmental economics
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| 653 |
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|a Taxes
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| 653 |
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|a Climate
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| 653 |
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|a Climate change
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| 653 |
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|a Environmental Taxes and Subsidies
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| 653 |
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|a Carbon tax
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| 653 |
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|a Environmental Economics: Government Policy
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| 653 |
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|a Climate policy
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Greenhouse gas emissions
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| 653 |
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|a Currency crises
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| 653 |
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|a Global Warming
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| 653 |
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|a Energy and the Macroeconomy
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Technological Innovation
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| 653 |
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|a Taxation
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| 653 |
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|a Taxation and Subsidies: Externalities
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| 653 |
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|a Greenhouse gases
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| 653 |
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|a Energy: Government Policy
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| 653 |
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|a Environmental policy
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| 653 |
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|a Climatic changes
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Environmental Policy
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| 653 |
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|a Environmental policy & protocols
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| 653 |
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|a Natural Disasters and Their Management
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| 653 |
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|a Environment
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| 653 |
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|a Environmental impact charges
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| 653 |
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|a Economics: General
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| 653 |
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|a Energy Forecasting
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| 653 |
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|a Informal sector
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| 653 |
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|a Taxation, Subsidies, and Revenue: General
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| 653 |
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|a Emissions trading
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| 653 |
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|a Redistributive Effects
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| 700 |
1 |
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|a Ilahi, Nadeem
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| 700 |
1 |
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|a Krogulski, Krzysztof
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| 700 |
1 |
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|a Li, Grace
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
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|a 10.5089/9798400259401.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2023/246/001.2023.issue-246-en.xml?cid=541902-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a EU’s neighborhood countries (EUN) have lagged the EU on emissions mitigation; coal-heavy power generation and industrial sectors are a key factor. They have also trailed EU countries in emissions mitigation policies since 2000, with little use of market-based instruments, and they still have substantial fossil fuel subsidies. Increasingly stringent EU mitigation policies are asociated with lower emissions in EUN. Overall output effects of the CBAM, in its current form, would be limited, though exports and emissions-intensive industries could be heavily impacted. A unilaterally adopted economywide carbon tax of $75 per ton would significantly lower emissions by 2030, with minimal consequences for output or household welfare, though a safety net for the affected workers may be necessary. To become competitive today by attracting green FDI and technology, overcoming infrastructure constraints and integrating into EU’s supply chains, EUN countries would be well served to front load decarbonization, rather than postpone it for later
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