The Financial Impact of Carbon Taxation on Corporates PDF Download

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The Financial Impact of Carbon Taxation on Corporates

The Financial Impact of Carbon Taxation on Corporates PDF Author: Jochen M. Schmittmann
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 12

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Book Description
Japan’s commitment to achieve net zero emissions by 2050 will likely require substantial carbon pricing. Corporates appear to be able to absorb a sharp increase in carbon taxes on average, but there is a substantial weak tail of firms that could face financial stress. The analysis underscores the need to align the private sector and public policies with Japan’s climate targets to ensure a smooth transition to net zero.