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WBG, OECD |Managing Disaster Risk Related Contingent Liabilities in Public Finance Frameworks, OECD Working Papers on Public Governance, No 27Natural disasters have caused, and continue to cause, a significant amount of economic costs. The costs of disasters are often, and to a large extent, shouldered by governments, especially in economies where private insurance markets are not well developed. Governments are asked to provide financing for explicit commitments made prior to a disaster, and are often under pressure to make payments for which no such commitments were made earlier. Category: Climate-Informed Fiscal Planning, Align Policies with Paris Agreement |
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UNDP |Hard Choices Integrated Approaches: A Guidance Note of Climate Change Financing Frameworks.This Note outlines the core elements, processes, workfows, and outputs of a Climate Change Financing Framework (CCFF). This is achieved by reviewing the roles and value-added aspects that a CCFF plays in facilitating a whole of government response to the challenges presented by climate change. Category: Climate-Resilient Financial Sector, NDC Support and Implementation |
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|Disaster Risk Management and Fiscal Policy: Entry Points for Finance Ministries.This chapter reflects on the benefits of disaster risk management (DRM) in the context of fiscal policy and public investment. Of particular interest is the question of how those in charge of fiscal policy decisions can recognise and realise the economic and broader benefits of DRM. We consider the interplay between public DRM investment and fiscal policy and provide an overview of current debate as well as assessment methods, tools and policy options. Category: Climate-Informed Fiscal Planning |
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U.S. Office of Management and Budget |Climate Change: The Fiscal Risks Facing The Federal Government: A Preliminary Assessment.Climate change is already affecting communities across the United States. This report outlines the contours of fiscal risk through five program-specific assessments: crop insurance, health care, wildfire suppression, hurricane-related disaster relief, and Federal facility flood risk. These programs were assessed because they are directly influenced by climate change, they have strong links to the Federal Budget, and quantitative scientific and economic models regarding the likely magnitude of impacts were available. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector |
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IADB |The Integrated Economic-Environmental Modelling Framework: An Illustration with Guatemala's Forest and Fuelwood Sectors.This paper develops and operationalizes the Integrated Economic-Environmental Modelling (IEEM) platform which integrates environmental data organized under the first international standard for environmental-economic accounting with a powerful economy-wide modelling approach. IEEM enables the ex-ante economic analysis of public policies and investment on the economy and the environment in a quantitative, comprehensive and consistent framework. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector |
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IMF |Analyzing and Managing Fiscal Risks: Best Practices.This paper provides a set of analytical tools and best practices to help policy makers understand and manage fiscal risks. Rather than seeking to provide an alternative to standard debt sustainability analysis, the paper’s focus is on how countries can assess and manage fiscal risks more broadly—including tail risks—and to better incorporate uncertainty into fiscal policy analysis. The paper is structured as follows. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector |
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ClimaSouth Project |Accessing Climate Finance: A Step-By-Step Approach for Practitioners.This handbook is conceived as a toolbox for key government and other stakeholders in partner countries in their efforts to access climate finance. The ClimaSouth project uses an approach to access finance through learning-bydoing and capacity building. Facilitating the development of proposals and interfacing with sources of finance for climate-relevant/-specific projects and programs is the vehicle through which capacity for climate finance is further enhanced. Category: Climate-Resilient Financial Sector, NDC Support and Implementation |
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|Current Climate Models Are Grossly Misleading.Nicholas Stern calls on scientists, engineers and economists to help policymakers by better modelling the immense risks to future generations, and the potential for action. Category: Climate-Informed Fiscal Planning |
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UNEP |Fiscal Policy Scoping Study: KenyaThis working paper provides an overview of the current status of green fiscal policy (GFP) in Kenya, key challenges and opportunities for further green fiscal policy reforms. The paper also reviews government revenues and expenditures and analyses the potential for GFP in selected key sectors of the economy, including forestry, energy, mining and oil, water fisheries and wildlife. Category: Climate-Informed Fiscal Planning |
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