{"type":"script","doc_desc":{"producers":[{"name":"Reproducibility WBG","abbr":"DIME","affiliation":"World Bank - Development Impact Department","role":"Verification and preparation of metadata"}],"version":"1","prod_date":"2024-04-10"},"project_desc":{"authoring_entity":[{"name":"Somik V. Lall","affiliation":"World Bank","email":"slall1@worldbank.org"},{"name":"Raghuram Rajan","affiliation":"University of Chicago","email":"Raghuram.Rajan@chicagobooth.edu"},{"name":"Christian Schoder","affiliation":"World Bank","email":"cschoder@worldbank.org"}],"output":[{"type":"Working paper","title":"A Global Incentive Scheme to Reduce Carbon Emissions","description":"Policy Research Working Paper (PRWP) WPS10759","doi":"https:\/\/doi.org\/10.1596\/1813-9450-10759","uri":"http:\/\/documents.worldbank.org\/curated\/en\/099441104252417894"}],"datasets":[{"name":"Our World In Data - CO2 emissions","access_type":"Data is public and included in the reproducibility package.","note":"CO2 emissions data by country and year for 1950-2020. Data was accessed on January 2022. Data file: owid-co2-data.csv.","uri":"https:\/\/ourworldindata.org\/co2-emissions"},{"name":"World Development Indicators by the World Bank","note":"Yearly development indicators by country for 1960-2020. 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Instructions to reproduce the reviewers environment using \"renv\" and RStudio are included in the README."}],"title_statement":{"idno":"RR_WLD_2024_119","title":"Reproducibility package for A Global Incentive Scheme to Reduce Carbon Emissions"},"production_date":"2024-02","abstract":"This paper proposes an objective way of estimating and allocating \u201cdifferentiated\u201d responsibilities for carbon emissions across countries. These responsibilities translate into specific obligations and incentives for future emission reductions and support for adaptation, mitigation, and development. The proposals in this paper should be seen as a starting point for an informed and productive debate. Under the Global Carbon Reduction Incentive, every country that emits more than the per capita global average pays into a global incentive fund. This annual payment will be calculated based on the \u201cexcess\u201d emissions per capita, the country\u2019s population, and a dollar amount called the Global Carbon Incentive. Countries below the global per capita average would receive a payout commensurate with their \u201cunder-emission.\u201d The United States and China are the two biggest emitters and, assuming a Global Carbon Incentive of $10, they jointly would contribute more than $70 billion to the fund, from which nations such as India, Nigeria, Pakistan, Bangladesh, and Indonesia would be the major recipients. An important adjustment to the Global Carbon Reduction Incentive is to focus on consumption rather than production\u2014a country should not avoid responsibility for the carbon it consumes by outsourcing production to another country. The proposal considers that countries that have used more of the collective carbon budget have benefited from the associated development and should pay for it. The proposal also considers methane emissions as well as crediting countries for their efforts toward preventing deforestation.","geographic_units":[{"name":"World","code":"WLD"}],"data_statement":"All data used are public and included in the reproducibility package.","repository_uri":[{"name":"Reproducible Research Repository (World Bank)","uri":"https:\/\/reproducibility.worldbank.org"}],"technology_requirements":"Runtime: 5 minutes","technology_environment":"Paper exhibits were reproduced in a computer with these specifications:\n\u2013 OS: Windows 11 Enterprise\n\u2013 Processor: Intel(R) Core(TM) i5-1145G7 CPU @ 2.60GHz\n\u2013 Memory available: 15.7 GB\n\u2013 Software version: R version 4.3.2","license":[{"name":"Modified BSD3","uri":"https:\/\/opensource.org\/license\/bsd-3-clause\/"}],"disclaimer":"The materials in the reproducibility packages are distributed as they were prepared by the staff of the International Bank for Reconstruction and Development\/The World Bank. The findings, interpretations, and conclusions expressed in this event do not necessarily reflect the views of the World Bank, the Executive Directors of the World Bank, or the governments they represent. The World Bank does not guarantee the accuracy of the materials included in the reproducibility package.","contacts":[{"name":"Christian Schoder","affiliation":"World Bank","email":"cschoder@worldbank.org"},{"affiliation":"World Bank","name":"Reproducibility WBG","email":"reproducibility@worldbank.org"}]},"tags":[{"tag":"DOI"},{"tag":"Open code"},{"tag":"Open data"}],"schematype":"script"}