Revisiting the nexus between fiscal decentralization and CO emissions in South Africa: fresh policy insights.

The argument over fiscal decentralization and carbon dioxide emission (CO) reduction has received much attention. However, evidence to back this claim is limited. Economic theory predicts that fiscal decentralization affects environmental quality, but the specifics of this relationship are still up for debate.

Can fiscal decentralization be the route to the race to zero emissions in South Africa? Fresh policy insights from novel dynamic autoregressive distributed lag simulations approach.

There has been a plethora of debate on the link between fiscal decentralization and a drop in carbon dioxide (CO) emissions, even though the evidence supporting this assertion is relatively sparse. Although the precise nature of this relationship is still up for discussion, economic hypothesis postulates that fiscal decentralization has an impact on environmental sustainability. Some researchers claim that fiscal decentralization could potentially result in a race to the top, while some believe it would lead to a race to the bottom.