Non-market-based approaches to carbon pricing

This chapter reviews major non-market approaches to carbon pricing. As discussed in chapter 2, a non-market approach can be any approach, provided it does not generate some tradable units of emissions. Non-market mechanisms include fiscal measures, such as putting a pre-determined price on carbon or applying taxes to discourage emissions. Non-market approaches can also be implemented in the context of cooperative actions between countries to achieve mitigation and adaptation and possibly other sustainable development objectives such as poverty reduction.

Sustainable Development Goals:

Affordable and Clean Energy

Climate Action

Partnerships for the Goals