Dr. Rachael Jonassen Authors Asian Development Bank Guidebook Tool on Carbon Pricing

January 22, 2024

Rachael Jonassen

EEMI Director for Climate Change Dr. Rachael Jonassen authored a Chapter on Emission Trading Systems in a guidebook entitled “Carbon Pricing and Fossil Fuel Subsidy Rationalization Tool Kit” published by the Asian Development Bank in July 2023. The tool kit explores some of the key attributes of potential and existing emission trading systems, carbon taxes, and fossil fuel subsidies rationalization programs in Asia and the Pacific and other emerging countries.

The purpose of the guidebook project is to guide policymakers in the Asian Development Bank’s developing member countries to effectively design, implement, and manage the interplay of carbon taxes, emission trading systems, and fossil fuel subsidies reduction programs. The tool kit provides illustrative case studies as examples of the problems governments have encountered in implementing these programs and the solutions they have found to address these issues.

The Asian Development Bank (ADB), located in Manila, Philippines, is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.

A copy of the toolkit can be downloaded free at https://www.adb.org/publications/carbon-pricing- fossil-fuel-subsidy-tool-kit