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dc.titleAssessing the Distributional Implications of Transition Policies
dc.contributor.authorCavallo, Eduardo A.
dc.contributor.authorHoffmann, Bridget
dc.contributor.authorCricci, Bruna Dominici
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageLatin America
dc.coverageThe Caribbean
dc.date.available2024-09-03T00:09:00
dc.date.issue2024-09-03T00:09:00
dc.description.abstractPolicies to transition to a low-carbon economy in Latin America and the Caribbean will have important distributional impacts. This article aims to assess how these policies affect different economic sectors and socioeconomic groups and to provide policy recommendations for increasing equity and inclusion. Many of the negative impacts that may exacerbate existing inequalities can be reduced or avoided through policies that compensate citizens for higher prices and worse employment opportunities. Furthermore, well-designed transition policies that have inclusiveness as an explicit goal can promote equal access to the benefits of transition policies. Governments can also take this opportunity to broadly strengthen social protection measures to support workers during concurrent labor market disruptions from automation, artificial intelligence, or other sources.
dc.format.extent33
dc.identifier.doihttp://dx.doi.org/10.18235/0013139
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Assessing-the-Distributional-Implications-of-Transition-Policies-.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectEconomy
dc.subjectClimate Change Mitigation
dc.subjectEnergy
dc.subjectFossil Fuel
dc.subjectMitigation Policy
dc.subjectEquality
dc.subjectRenewable Energy
dc.subjectMode of Transport
dc.subjectAgriculture and Food Security
dc.subjectScience and Technology
dc.subject.jelcodeD63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
dc.subject.jelcodeH23 - Externalities • Redistributive Effects • Environmental Taxes and Subsidies
dc.subject.jelcodeQ20 - Renewable Resources and Conservation: General
dc.subject.jelcodeQ28 - Government Policy
dc.subject.jelcodeQ38 - Government Policy
dc.subject.jelcodeQ48 - Government Policy
dc.subject.keywordslow-carbon;climate change mitigation;Transition to net zero;Inequality;distributional impact
idb.identifier.pubnumberIDB-TN-02992
idb.operationRG-K1415
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