GIZ, IISD |Fiscal Instruments in INDCs: How countries are looking to fiscal policies to support INDC implementation?International Institute for Sustainable Development (IISD) and the German Agency for International Cooperation (GIZ) (on behalf of the German Ministry for Economic Cooperation and Development) have undertaken a rapid review of INDCs to highlight the countries that are using these tools as part of their INDCs, catalogue the different tools that countries are referencing in their INDCs, identify the frequency of their use and identify trends in how countries are planning to use fiscal instruments to support achievement of INDCs. Category: Climate-Informed Fiscal Planning |
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UNEP |Fiscal Reforms in the Extractives Sector for Green Finance (UNEP)A key challenge facing many resource-rich countries is how to mobilize and effectively use volatile revenues from resource extraction, while addressing social and environmental externalities of mining activities. This UNEP Policy Brief examines how fiscal reforms and other complementary measures in the extractives sector can help generate additional public revenues while reducing some of the negative environmental and social impacts from mining activities. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning |
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WBG, GFDRR |The Indirect Cost of Natural Disasters and an Economic Definition of Macroeconomic Resilience (2015)The paper proposes a rule of thumb to estimate macroeconomic resilience, based on the interest rate (a higher interest rate decreases resilience and increases welfare losses), the reconstruction duration (a longer reconstruction duration increases welfare losses), and a “ripple-effect” factor that increases or decreases immediate losses (negative if enough idle resources are available to cope; positive if cross-sector and supply-chain issues impair the production of non-affected capital). Category: Climate-Informed Fiscal Planning |
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WBG, OECD |The FASTER Principles for Successful Carbon Pricing (2015)The “FASTER” principles presented in this report lay out an approach that focuses on the emerging design features for successful and cost-effective carbon pricing policies drawn from initial and growing experience around the world. Category: Climate-Informed Fiscal Planning |
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WBG |Financing Vietnam’s Response to Climate Change: Building a Sustainable FutureThe Government of Vietnam (GoV) has conducted a Climate Public Expenditure and Investment Review (CPEIR) with the support of the World Bank and the United Nations Development Programme (UNDP). The review examined Vietnam’s policies and climate change expenditure for the period 2010–2013 from five ministries (MONRE, MOIT, MARD, MOC, and MOT) and three provinces (Bac Ninh, Quang Nam and An Giang). Category: Climate-Informed Fiscal Planning |
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OECD |National Climate Change Adaptation: Emerging Practices in Monitoring and Evaluation.Developing countries are increasingly moving towards more strategic national policies and plans, the effectiveness of which will depend upon proper assessment of a given country’s vulnerability to climate change. Category: Climate-Informed Fiscal Planning, Align Policies with Paris Agreement, NDC Support and Implementation |
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UNDP |Methodological Guidebook: Climate Public Expenditure and Institutional Review (CPEIR).This Climate Public Expenditure and Institutional Review (CPEIR) Methodological Guidebook seeks to equip relevant stakeholders (governments, donors, CPEIR practitioners) with information on a step-by-step process, methodologies and tools to conduct a CPEIR. In particular, this Guidebook reviews the processes and methodologies used in the 19 CPEIRs done to date and proposes a common framework for future CPEIRs. Category: Climate-Informed Fiscal Planning |
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WBG |The Design and Sustainability of Renewable Energy Incentives: An Economic Analysis.Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: (a) a global taxonomy of the economic and financial incentives provided by renewable support schemes and (b) an economic modeling of the sustainability and affordability of such support schemes. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement |
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WBG |Climate Change Public Expenditure and Institutional Review SourcebookThe Climate Change Public Expenditure and Institutional Review (CCPEIR) Sourcebook identifies the key issues that central finance and planning agencies will need to consider and the various approaches taken in dealing with the technical, policy, and institutional issues that are likely to arise in the response to climate change. Category: Climate-Informed Fiscal Planning |
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WBG |Moving Toward Climate Budgeting: Policy NoteThis policy note presents several measures of immediate interest to finance ministries for better fiscal planning and expenditure management of climate actions. Category: Climate-Informed Fiscal Planning |
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