Natural Capital Accounting in Action: Sweden's carbon accounting informs its carbon tax policy

As Swedish policymakers put together a climate bill, they relied on economic models to pinpoint policies that would reduce greenhouse gas emissions while minimizing costs to GDP, employment and growth. At the heart of this analysis is Sweden’s sector-by-sector accounting of CO2 emissions and energy use, in parallel with standard economic accounts. The emissions and energy accounts enabled detailed modeling of alternative proposals, which led to a finely tuned policy package with significant cost savings.

Date:
2014
Publisher:
World Bank Group
Author(s):
WAVES
Details:
Natural Capital Stories, 2pages
Idioma:
English
Topic:
Carbon, Energy