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The book Economic Instruments for a Low-Carbon Future represents a timely and relevant piece of work that documents and analyses country experiences with designing policies that attempt to adapt and mitigate the effects of climate change. As part of a more extensive series on critical issues in environmental taxation, the book provides valuable insights on the potential of environmental taxes and market-based instruments (MBI’s) to expedite a feasible, cost-effective, and politically acceptable transition to low-carbon and resource-efficient societies.