Financing climate policy

Description:	There are several proposals for mobilising funds to finance climate policies. Some of these proposals, such a auctioning of emission allowances or a tax on emissions trading, can be evaluated in the climate policy module.
Reference:	Hof et al., 2009; Hof et al., 2011;
Is implemented in:	Climate policy

Effects of this policy intervention on components

Component: Climate policy
Effect : Implementation of climate financing proposals affect regional mitigation costs, as regions have to contribute to financing. The funds mobilised can be used to finance climate policies of the least developed regions.