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Fiscal Policies for a Sustainable Recovery and a Green Transformation (anglais)

This paper compares the effectiveness of different fiscal policy instruments, carbon pricing, fiscal incentives for private green investments, and public green investment, in supporting a green recovery that is also fiscally sustainable. It argues that relying on carbon pricing or green investments is not sufficient to achieve the transition to a low-carbon economy in a timely and sustainable way. Carbon pricing alone would result in rapid and significant...
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