A Comprehensive Package of Macroeconomic Policy Measures for Implementing China's Climate Mitigation Strategy /

This paper presents ways for China to achieve its climate goals while also attain high-quality growth-growth that is balanced, inclusive, and green. Using a dynamic computable general equilibrium model that is calibrated to China, multiple scenarios are considered that incorporate a sequence of laye...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Chateau, Jean
Weitere Verfasser: Chen, Wenjie, Jaumotte, Florence, Zhunussova, Karlygash
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2022.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2022/142
Schlagworte:
Online Zugang:Full text available on IMF
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100 1 |a Chateau, Jean. 
245 1 2 |a A Comprehensive Package of Macroeconomic Policy Measures for Implementing China's Climate Mitigation Strategy /  |c Jean Chateau, Wenjie Chen, Florence Jaumotte, Karlygash Zhunussova. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper presents ways for China to achieve its climate goals while also attain high-quality growth-growth that is balanced, inclusive, and green. Using a dynamic computable general equilibrium model that is calibrated to China, multiple scenarios are considered that incorporate a sequence of layered policies: (i) frontloading mitigation with an earlier emissions peak, (ii) power market reforms, and (iii) economic rebalancing. The results highlight that these policies can significantly contribute to the success of the climate strategy overall, including by lowering the shadow price of carbon as well as the associated mitigation costs. Distribution analysis offers proposals to lessen the impact on vulnerable households. 
538 |a Mode of access: Internet 
650 7 |a Climate  |2 imf 
650 7 |a Economywide Country Studies  |2 imf 
650 7 |a Global Warming  |2 imf 
650 7 |a Natural Disasters and Their Management  |2 imf 
700 1 |a Chen, Wenjie. 
700 1 |a Jaumotte, Florence. 
700 1 |a Zhunussova, Karlygash. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2022/142 
856 4 0 |z Full text available on IMF  |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=142  |z IMF e-Library