Options for a Carbon Tax in Bangladesh

Carbon taxes can be win-win for Bangladesh. They can help show the world that Bangladesh is serious about climate mitigation, boosting the country’s influence in international negotiations and helping it to access financing and technology promised...

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Main Author: World Bank
Format: Policy Note
Language:English
Published: Washington, DC: World Bank 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/721381535709573696/Policy-Note-on-Options-for-a-Carbon-Tax-in-Bangladesh
http://hdl.handle.net/10986/30408
id okr-10986-30408
recordtype oai_dc
spelling okr-10986-304082021-05-25T09:17:58Z Options for a Carbon Tax in Bangladesh World Bank CARBON TAX CLIMATE CHANGE CLIMATE CHANGE MITIGATION GREENHOUSE GAS EMISSIONS TAX ADMINISTRATION Carbon taxes can be win-win for Bangladesh. They can help show the world that Bangladesh is serious about climate mitigation, boosting the country’s influence in international negotiations and helping it to access financing and technology promised during the COP-21. They can play a role in nudging Bangladesh’s growth to a lower carbon and cleaner path, helping to make it more sustainable and improving environmental (and health) conditions for its citizens. They can help to raise additional resources – up to 1 percent of GDP – for social and economic development, including infrastructure investment. Some of the additional resources can be used to reduce taxes on labor or firms. Carbon taxes are much simpler to implement than most other taxes and most fuel costs would increase by only a few Taka per liter. At the same time, implementation needs to be done well to reduce opposition and win over firms and citizens. But Bangladesh can learn how other countries have succeeded. This Policy Note and accompanying Brief summarizes why carbon taxes make sense for Bangladesh and how to succeed. 2018-09-11T20:34:37Z 2018-09-11T20:34:37Z 2018-08-01 Policy Note http://documents.worldbank.org/curated/en/721381535709573696/Policy-Note-on-Options-for-a-Carbon-Tax-in-Bangladesh http://hdl.handle.net/10986/30408 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Economic & Sector Work :: Policy Notes Economic & Sector Work South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CARBON TAX
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
GREENHOUSE GAS EMISSIONS
TAX ADMINISTRATION
spellingShingle CARBON TAX
CLIMATE CHANGE
CLIMATE CHANGE MITIGATION
GREENHOUSE GAS EMISSIONS
TAX ADMINISTRATION
World Bank
Options for a Carbon Tax in Bangladesh
geographic_facet South Asia
Bangladesh
description Carbon taxes can be win-win for Bangladesh. They can help show the world that Bangladesh is serious about climate mitigation, boosting the country’s influence in international negotiations and helping it to access financing and technology promised during the COP-21. They can play a role in nudging Bangladesh’s growth to a lower carbon and cleaner path, helping to make it more sustainable and improving environmental (and health) conditions for its citizens. They can help to raise additional resources – up to 1 percent of GDP – for social and economic development, including infrastructure investment. Some of the additional resources can be used to reduce taxes on labor or firms. Carbon taxes are much simpler to implement than most other taxes and most fuel costs would increase by only a few Taka per liter. At the same time, implementation needs to be done well to reduce opposition and win over firms and citizens. But Bangladesh can learn how other countries have succeeded. This Policy Note and accompanying Brief summarizes why carbon taxes make sense for Bangladesh and how to succeed.
format Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Options for a Carbon Tax in Bangladesh
title_short Options for a Carbon Tax in Bangladesh
title_full Options for a Carbon Tax in Bangladesh
title_fullStr Options for a Carbon Tax in Bangladesh
title_full_unstemmed Options for a Carbon Tax in Bangladesh
title_sort options for a carbon tax in bangladesh
publisher Washington, DC: World Bank
publishDate 2018
url http://documents.worldbank.org/curated/en/721381535709573696/Policy-Note-on-Options-for-a-Carbon-Tax-in-Bangladesh
http://hdl.handle.net/10986/30408
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