Consultancy Services on Modelling Fiscal, Economic and Sectoral Impacts of Carbon Pricing in Turkey
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Consultancy Services on Modelling Fiscal, Economic and Sectoral Impacts of Carbon Pricing in Turkey

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Turkey, currently exploring the applicability and possibility of establishing a carbon pricing system, faces this central question on the potential impacts of carbon pricing. To this end, the primary objective of this assignment is to analyze and understand the potential fiscal, economic and sectoral consequences of different carbon pricing mechanisms in Turkey leading in turn to recommendations on the most suitable and cost-effective carbon pricing option(s).


Ad: Kemal
Soyad: Sarıca
Fakülte/Bölüm: Mühendislik Fak. / Endüstri Müh.
Proje İsmi: Consultancy Services on Modelling Fiscal, Economic and Sectoral Impacts of Carbon Pricing in Turkey
Proje Başlangıç Tarihi: 11.04.2017
Süresi: 12 ay
Fon Veren Kurum: Partnership for Market Readiness – World Bank Group Climate Change
Fon Programı:
Varsa Firma Ortağı: VIVID Economics Limited

Turkey, currently exploring the applicability and possibility of establishing a carbon pricing system, faces this central question on the potential impacts of carbon pricing. To this end, the primary objective of this assignment is to analyze and understand the potential fiscal, economic and sectoral consequences of different carbon pricing mechanisms in Turkey leading in turn to recommendations on the most suitable and cost-effective carbon pricing option(s). Such qualitative options may include a particular carbon pricing mechanism, or a combination of carbon pricing mechanisms. The main carbon pricing mechanisms to be assessed within the framework of this assignment are ETS and carbon tax; however, other sector-specific instruments such as the trading of energy efficiency and renewable energy certificates, as well as scaled-up crediting or other result-based finance mechanisms. Revenue recycling potential and impact of the considered carbon pricing instruments will be analyzed.". At the bottom-line, the output analysis of the assignment that is expected to shed light on the questions : What is/are the most cost-effective carbon pricing option(s) for Turkey, looking at both their economic and sectoral impacts?, Which carbon pricing policies, specific design features and implementation modalities provide enough incentive to support uptake of economy-wide and sectoral emission reduction opportunities?, How can issues of policy interaction be addressed to ensure a policy package for climate change mitigation?,  In particular, can different carbon pricing opportunities be combined (e.g.; ETS for sectors under facility-based MRV regulation combined with carbon tax for non-MRV sectors) to tap emission reduction potential in the most cost-effective way?