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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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CPLC |What is the Impact of Carbon Pricing on Competitiveness? CPLC Executive Briefing.Pricing carbon is one of the most powerful and efficient strategies that governments and businesses are using to respond to climate change. The principle is simple: put a price on carbon pollution to account for the impacts of greenhouse gas (GHG) emissions that stem from the economic choices made by both producers and consumers. Category: Promote Carbon Pricing Measures, Share Experiences and Expertise |
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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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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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