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Fiscal policies to mitigate climate change in the euro area

Marien Ferdinandusse, Carolin Nerlich and Mar Delgado-Téllez ()

Economic Bulletin Articles, 2022, vol. 6

Abstract: Mitigating climate change requires sustained and multipronged policy efforts, as a matter of urgency. Many initiatives to mitigate climate change are directly linked to fiscal policy, mainly through public spending or taxation. This article provides an overview of existing, required and expected fiscal climate policy efforts to advance the green transition in the euro area, focusing on carbon pricing and green public investment. It also looks at the distributional consequences of carbon pricing. JEL Classification: H23, H30, Q52, Q58

Keywords: climate change; Fiscal policy (search for similar items in EconPapers)
Date: 2022-09
Note: 673741
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