Bank of Israel investigates carbon pricing

bank-of-israel4
David Vaaknin

Israel’s central bank and the country’s environment ministry are holding a joint workshop on global warming’s economic effects and mechanisms to cut greenhouse gas emissions.

The exercise aims to help find ways to meet Israel’s international commitments as a signatory of the 2015 Paris agreement on climate change. The agreement aims to limit global temperature increases in this century to 2C above pre-industrial levels.

One major focus of the workshop will be carbon pricing schemes. The two

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