Fiscal incentives may reduce emissions in developing countries
A study has found that fiscal policies introduced by governments in developing countries can have a significant effect on lowering harmful carbon emissions and help countries with fulfilling their commitments under the UNFCCC Paris Agreement.
The research, published today in the journal Climate Policy, used Brazil as a case study and found that even early-stage ad hoc measures could be key to reducing emissions in the efforts to meet greenhouse gas mitigation targets.
Led by Camila Gramkow at the University of East Anglia (UEA) and co-authored by Dr Annela Anger-Kraavi of Cambridge University (both of the Tyndall Centre for Climate Change Research), researchers examined green fiscal instruments such as green taxes and innovation incentives, and found that a growing number of measures have been introduced in Brazil in recent years.
Read more at University of East Anglia
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