Before immersing themselves in the New Year, the I4CE team wanted to take the time to look in the mirror. And rather than telling you what we at I4CE have learned from our 2018 activity, we have preferred to highlight what you have preferred. Here are the five most viewed publications in 2018 on our website.
This annual publication provides an update on key trends in carbon pricing policies around the world. In the 2018 edition, it was reported that 46 countries and 26 provinces or cities had already implemented a carbon tax or market, with a carbon price ranging from 1 to over 100 euros. And that these instruments had generated 26 billion euros of income in 2017.
Another annual publication of I4CE, which evaluates each year the amount invested by France and the French for the climate: insulation of housing, development of renewable energies, public transport, low-carbon vehicles… The 2018 edition of the Landscape revealed that climate investments have been rising for several years and now exceed 40 billion euros. But that this increase is too small to close the annual investment gap, estimated at between 10 and 30 billion per year.
#3 – “Mind the gap”: Aligning the EU’s 2030 energy-climate policies to achieve long-term climate objectives
In the midst of a debate on the revision of the European Union’s energy-climate policies, this study by I4CE and Enerdata highlighted the inadequacy between the EU’s objectives for 2030 and its long-term objectives. It also highlighted the importance of taking into account the interactions between these different policies, such as the development of renewable energies, which reduces the price of CO2 on the European market if the ambition of this market is not increased.
As the carbon tax was becoming a hot topic in France, I4CE published the first results of a study conducted with the World Bank and the French Development Agency on the use of carbon revenues around the world. In this brief, we learned that 46% of the revenues from taxes and carbon markets worldwide are used to invest in low-carbon projects, 44% are allocated to the general budget, and the rest are used to reduce other taxes or are transferred directly to companies and households.
In 2015, in France, Article 173-VI of the Energy Transition Act set a global precedent by requiring investors to be transparent about the climate impact of their investments. In this brief, I4CE reviews the application of this article and its consequences on reporting practices and investment management. The Institute makes recommendations to improve the impact of this article, and to feed the European debate where negotiations are underway on an investor transparency obligation.