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 | |
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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)
Additional Viewpoints
Categories: Brazil geographic scope | China geographic scope | English publication language | European Union geographic scope | Former Soviet Union Countries geographic scope | Global geographic scope | India geographic scope | Latin America geographic scope | Mexico geographic scope | South Africa geographic scope | United States geographic scope | carbon markets | carbon tax | climate change | developing countries | economic impact | emissions trading | former soviet union | gtap-e model | kyoto protocol | united states