Green Economics
Fostering a comprehensive green and low-carbon transition in economic and social development requires establishing a supportive financial system. iGDP monitors the evolution of green and low-carbon elements within macroeconomic policy, focusing on research related to green pricing, environmental taxes, carbon taxes, green transformation of major projects, electricity pricing, and transition finance. This work aims to enable public and private investments to play a more foundational role in driving the green economic transition.
Our Actions:
- International & Domestic Carbon Pricing Systems: Research China’s national carbon emissions trading system – covering system enhancement, sectoral expansion, and consignment auctioning – and the international implementation of carbon border adjustment mechanisms (CBAM) and their impact on China’s key industries.
- Power Market Reform & Electricity Pricing Mechanisms: Analyze how market-based pricing, differentiated support measures, and institutional innovation drive the development of renewable energy and pathways for low-carbon energy transition.
- Green Finance & Taxation: Identify best practices in the implementation of green finance and fiscal policies at national and sub-national levels.
- Greening Public Investment: Assess the “greenness” of major project portfolios across provinces and their impact on provincial green economic and social transition.
Publications and Events
China Green Finance Pilots Anniversary Review
2019-01-22
Report
Green Finance
This report provides an overview of China’s green finance low-carbon pilots on the occasion of the first anniversary of the program. It summarizes the work plans, policies and actions in each pilot zone, and offers suggestions for refinement of the pilot program going forward.
Establishing an Environmental Tax
2016-02-29
Working Paper
This paper explores the key considerations in establishing an environmental tax in China.
