Carbon Pricing in the Power Sector: Annex B - Case Studies

Four in-depth case studies, China, Colombia, Kazakhstan, and South Africa have been conducted to capture lessons learned from carbon pricing implementation in the power sector in LICs and MICs and their interrelation with other decarbonization policies. These were selected as case studies as they cover a broad range of power sector characteristics common in other LICs and MICs (e.g., state-owned monopoly power utility, high coal reliance, affordability, insecurity of supply, etc.), and cover both carbon taxes (South Africa and Colombia, which may soon have an ETS as well) and ETSs (China and Kazakhstan).