This analytical document shows a small Computable General Equilibrium (CGE) model to study the impact of carbon taxes on GDP and emissions under alternative closure rules and hypotheses. The model is simulated for Argentina, Brazil, Chile, El Salvador, Jamaica and Peru and evaluates the costs of lowering emissions under different scenarios.

Download file: ENG

Organization: IDB

Theme: Other

Topics: Environment, Finance, Economic Analysis, Green Jobs/Economy, Carbon Financing and CDM

Type of material: Analytical-Technical Document

Publication date: 2015

Language: English