Publications /
Policy Brief

Back
Decarbonization and “Greenflation”
Authors
December 10, 2021

 Accelerating the transition toward low or net-zero carbon emissions is necessary to keep global warming at theoretically safe levels. That will likely bring price shocks associated with rising metal prices, energy costs, and carbon taxes – what has been called “greenflation”. Greening the economy will also require public spending and redistributive policies.

RELATED CONTENT

  • November 30, 2023
    In this episode, we dive into the pressing necessity for climate initiatives in Africa. Despite its minimal global emissions, Africa grapples with severe climate challenges and a substantial funding shortfall. Yet, as obstacles persist, including the disconnect between investor expectat...
  • Authors
    Marianna Albuquerque
    Rogerio Studart
    July 5, 2023
    This policy brief was originally published on t20ind.org   Despite the perception of abundant financial resources and technology worldwide, building quality project pipelines of sustainable infrastructure and securing funding for them remains a challenge for most developing countries. One potential solution to these obstacles is international cooperation among governments through enhancing cooperation among their national, regional, and multilateral development banks, which alread ...
  • Authors
    April 26, 2023
    It is estimated that $1 trillion to $6 trillion per year (up to 2050) needs to be invested globally if the world is to stay below the 2°C global warming ceiling of the Paris Agreement and to meet its adaptation goals. Currently, investments stand at about $630 billion per year, way below the original target. And although great efforts have been made in the climate-finance area, more than 70% of the funds deployed have gone to one sector, renewable energy, followed by the transportat ...
  • Authors
    Camila Callegari
    Tarik Tanure
    Ana Carolina Oliveira Fiorini
    Edson Domingues
    Aline Magalhães
    Fernando Perobelli
    Alexandre Porsse
    André F. P. Lucena
    Eveline Vasquez-Arroyo
    Mariana Império
    Luiz Bernardo Baptista
    Roberto Schaeffer
    March 20, 2023
    This Paper was originally published on mdpi.com   Cities play a fundamental role in reducing greenhouse gas emissions and advancing the 2030 Agenda for Sustainable Development. In this context, public authorities need tools to help in identifying the best set of available solutions for the urban environment. Here, we developed an approach to help decision makers in evaluating sustainable solutions, considering aspects such as emission rate, economic attractiveness, job creation, a ...
  • July 6, 2022
    Le Policy Center for the New South et Enel Green Power Maroc co-organisent un webinaire sur "la tarification du carbone et le développement économique". Cette rencontre permettra de débattre des défis, des avantages et des limites des mécanismes de tarification du carbone et de leur imp...
  • May 10, 2022
    This is an exclusive interview with Rim Berahab, Senior Economist at the Policy Center for the New South, who engages with Helmut Sorge, Columnist at the Policy Center for the New South, in a conversation about the great threat of the climate crisis. Rim Berahab is the author of Chapter...
  • Authors
    February 9, 2022
    Energy markets have experienced significant disruptions since the outbreak of COVID-19. In late 2021, soaring natural gas prices triggered a new crisis, leading to risks of energy supply shortages worldwide and propelling the issue of energy security to the forefront. Africa will not be spared the repercussions of this crisis, which could further increase energy inequality, which is in turn linked to other forms of inequality. Indeed, in a context of persistent inflation, the lack o ...
  • Authors
    Morten Seja
    Hadley Hilgenhurst
    Charlie Knight
    January 25, 2022
    Why Green Finance Taxonomies? The increasing effort to mitigate climate change has caused more and more individuals, governments, and companies to shift away from traditional financial investments and activities, and towards more environmentally-friendly alternatives. However, until recently, there has been a lack of consensus on what green finance and its environmental impact is. Thus, green finance taxonomies are needed to provide classification systems that identify how environm ...
  • Authors
    January 13, 2022
    “This opinion was prepared within the framework of the Jean Monnet Atlantic Network 2.0. The European Commission's support for the production of this publication does not constitute an endorsement of the contents, which reflect the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein.”   As part of the lengthy fight against climate change, the European Union (EU) has introduced a Border Carbon A ...