Green Finance and Carbon Pricing in Addressing Global Social Cost of Carbon

The chapter explores the relationship between green finance and carbon pricing in tackling the global social cost of carbon, emphasizing the importance of carbon pricing across all greenhouse gases. It delves into how carbon taxation and green finance can work together to achieve net zero emissions, discussing concepts like the 'greenium' and the need for trillions in financing for climate action. The conversation also touches on the variations in carbon pricing and green finance globally, considering factors like country wealth, democracy, and population knowledge about global warming.