This week, all eyes are on the UN Climate Change Conference (COP26) summit in Glasgow as world leaders meet to accelerate action on climate change. 

The UK is legally committed to reducing the net greenhouse gas emissions that arise from UK-based activities to zero by 2050, but action to reduce emissions will need to happen on a global scale to be effective. What policies should governments worldwide introduce to combat climate change? How should carbon taxes be designed to ensure a cost-efficient and fair transition to net zero?

This week, IFS Director and Climate Change Committee member Paul Johnson is joined by Alice Pirlot, Research Fellow at the Oxford University Centre for Business Taxation, and IFS Associate Director Peter Levell.

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