Best practice in carbon pricing design includes international cooperation through 'climate clubs', effective Carbon Border Adjustment Mechanisms (CBAMs) to limit freeriding, pricing systems with appropriate coverage and ambition, and complementary policies such as increased investment in abatement R&D and the removal of fossil fuel subsidies.

Authors

• Person: Not available Organization: UNEP FI
  Carbon pricing policy instruments need a radical redesign and ...

Sources

• Carbon pricing policy instruments need a radical redesign and ... www.unepfi.org UNEP FI via serper

Referenced by nodes (2)

• carbon border adjustment mechanism concept
• fossil fuel subsidies concept