## Brunei Darussalam: Selected Issues

_IMF Staff Country Reports, October 6, 2023_

## Source details

**Canonical URL:** [Brunei Darussalam: Selected Issues](https://www.imf.org/en/publications/cr/issues/2023/10/06/brunei-darussalam-selected-issues-539995)

## Other formats

- [Markdown version](/en/publications/cr/issues/2023/10/06/brunei-darussalam-selected-issues-539995/index.md)
- [Structured JSON version](/en/publications/cr/issues/2023/10/06/brunei-darussalam-selected-issues-539995/index.json)
- [Bundle manifest](/en/publications/cr/issues/2023/10/06/brunei-darussalam-selected-issues-539995/bundle-manifest.json)

## Bibliographic details
- Published: October 6, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400257223.002

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### Overview
- The Selected Issues paper examines the potential role of carbon pricing for climate mitigation and revenue diversification strategy in Brunei Darussalam.
- Carbon pricing schemes are noted as gaining momentum worldwide, including in Asia.
- The paper provides guidance on the choice between carbon taxes and emissions trading systems and their design.
- The paper compares the impact of several mitigation policies modelled for illustration in Brunei Darussalam.

### Key findings on mitigation and emissions
- All policies modeled reduce carbon dioxide emissions below baseline levels by 10-50 percent by 2030.
- Most of the emissions reductions come from the power generation and industry sectors.
- The policy yielding the most emissions reduction is the combination policy of:
  - a carbon tax reaching $50 per tonne by 2030, and
  - the fuel subsidies phase-out.
- The policy yielding the smallest emissions reduction is feebates.

### Fiscal and revenue implications
- The modeled policies raise revenues equivalent to 1.6–7.2 percent of gross domestic product above the baseline in 2030.
- The combination policy (carbon tax reaching $50 per tonne by 2030 plus fuel subsidies phase-out) yields the most revenues.
- Feebates yield the smallest revenues among the policies modeled.

### Policy guidance and comparisons
- The paper provides guidance on:
  - choosing between carbon taxes and emissions trading systems, and
  - the design features of carbon pricing schemes.
- The comparative modeling illustrates trade-offs between emissions reductions and revenue generation across policy options.

*Brunei Darussalam: Selected Issues (IMF Staff Country Reports 2023, 347).*

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## Content in this bundle

- **Brunei Darussalam: Selected Issues; IMF Country Report No. 23/347; August 25, 2023**
  - [Brunei Darussalam: Selected Issues; IMF Country Report No. 23/347; August 25, 2023 (Markdown version)](/-/media/files/publications/cr/2023/english/1brnea2023002.pdf.md){rel="alternate" type="text/markdown"}
  - [Brunei Darussalam: Selected Issues; IMF Country Report No. 23/347; August 25, 2023 (PDF)](/-/media/files/publications/cr/2023/english/1brnea2023002.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2023/10/06/brunei-darussalam-selected-issues-539995_