CORDIS Project
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GRETA focuses on understanding the equitable implementation of climate policies and their impacts on social inequality. The project aims to develop a green tax reform that balances emission reductions with fair cost distribution among different income groups.
The European Unions ambitious climate policies will have wide-ranging distributional impacts in societies.
Yet, it is poorly understood how to mitigate the adverse impacts and how compensation mechanisms can be designed to allocate funds to those most in need. GRETA introduces an integrated approach for climate policies and inequality, and will increase our understanding on how to reach climate targets equitably.
In the theoretical part, we characterize a green tax reform that creates sufficient…
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