Climate change and carbon markets: implications for developing countries

The report examines the economic implications of carbon markets and climate change for developing countries, using a general equilibrium model to analyze various carbon trading scenarios.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Publisher:

Economic Commission For Latin America And The Caribbean

Authors: Andrés Schuschny, Carlos De Miguel, Carlos Ludeña, Andrés Ricardo
Geographic focus: Global, Latin America, United States, China, India, Brazil, Mexico, South Africa, European Union, Former Soviet Union Countries
Page count: páginas. 61-8

Methods

The GTAP-E general equilibrium model was used to simulate the economic effects of carbon emissions reduction under different trading scenarios. The model incorporates energy demand, CO2 accounting, taxation, and emissions trading, with data from the GTAP database version 6 for the year 2001.

(Generated with the help of GPT-4)

Key Insights

The research explores the impact of greenhouse gas emission reductions and carbon trading on developing countries, particularly in Latin America. It uses the GTAP-E model to simulate different scenarios, considering factors like the Kyoto Protocol, participation of major emitters, and the role of the United States and former Soviet Union countries.

(Generated with the help of GPT-4)

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Last modified: 2024/07/26 19:00 by elizabethherfel