Measuring Green Prosperity in Indonesia: Millennium Challenge Corporation and the Social Cost of Carbon

January 2014

Climate Advisers’ Managing Director Michael Wolosin released a new discussion paper that argues for including climate in cost-benefit analyses the Millennium Challenge Corporation uses for selecting projects, most immediately in Indonesia’s Green Prosperity program. He also considers several technical challenges to doing so, and recommends an Indonesia-specific estimate of the social cost of carbon as an initial value.