LEADER 02077cam a22003495i 4500001 99131234387306421 005 20210609192010.0 006 m d 007 cr cn||||||||| 008 020129s2021 dcu o i00 0 eng^^ 024 7 10.1596/35624 |2doi 035 (CKB)4920000001209619 035 (The World Bank)35624 035 (US-djbf)35624 035 (EXLCZ)994920000001209619 040 DJBF |beng |cDJBF |erda 110 2 Partnership for Market Readiness. 245 10 Beyond Mitigation : |bQuantifying the Development Benefits of Carbon Pricing. 246 Beyond Mitigation 264 1 Washington, D.C. : |bThe World Bank, |c2021. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Partnership for Market Readiness Technical Papers. 520 3 Carbon pricing can reduce emissions cost-effectively, and it can also generate a number of other benefits. This guide provides an overview of these benefits to help policy makers advance a variety of sustainable development objectives in their own countries and around the world. Carbon prices are broadly recognized as necessary for correcting market failures that arise from pollution externalities, because the prices paid for using fossil fuels do not come close to compensating society for the costs that greenhouse gas (GHG) emissions impose on society. Where there is a divergence between (externality-based) social costs and private values, carbon pricing is an essential environmental policy tool. The purpose of this guide is to help policy makers identify and measure carbon-pricing benefits. In particular, it provides insights into how to incorporate benefits into computable general equilibrium (CGE) modeling. 650 4 Air Quality 650 4 Brown Issues and Health 650 4 Climate Change Mitigation and Green House Gases 650 4 Environment 650 4 Fiscal Policy 650 4 Transportation Policy 830 0 Partnership for Market Readiness Technical Papers. 830 0 World Bank e-Library. 906 BOOK