Can carbon pricing jointly promote climate change mitigation and human development in Peru?

摘要

We assess whether carbon pi icing in combination with targeted use of the associated revenues could jointly advance Peru's long-term climate change mitigation targets and short-term socio-economic development goals Based on expert interviews and detailed document analysis, we draw parallels to extractive industries, where revenues that are earmarked for public investment have often been found to be used ineffectively Based on these experiences, we identify five key areas that could help to establish carbon pi icing as a cross-cutting issue in the context of sustainable development First, emphasizing the co-benefits of carbon pi icing Second, reforming the power sector lo increase the use of low-cost renewable sources Third, assessing the equity aspects of such policies and designing appropriate compensation systems Fourth, increasing the government's capacity to effectively carry out public investment Fifth, using results-based payments to establish a shadow price on land-use emissions and build up institutions and trust. (C) 2018 International Energy Initiative Published by Elsevier Inc All rights reserved.