Using Carbon Revenues
The World Bank Partnership for Market Readiness (PMR) asked Vivid to assist in the drafting and finalisation of their report Using Carbon Revenue. The report discusses the increasingly important role of carbon pricing as a source of government revenue. It outlines how carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives.
How carbon revenues are used and how these uses are communicated are also critical for public and stakeholder acceptability of carbon pricing. This report provides practical guidance on using carbon revenues by helping policymakers understand the implications, opportunities, and challenges associated with different approaches to carbon revenue use.