22 results found
Technology Transfer and Innovation for Low-Carbon Development
WBG   |  
Technology Transfer and Innovation for Low-Carbon Development

Technological revolutions have increased the world’s wealth to a level that was once unimaginable. They have done so unevenly, however, and in ways that have accelerated climate change. Technology Transfer and Innovation for Low-Carbon Development argues that most of the emissions reductions required to achieve the Paris Agreement goals can be reached through the global deployment of existing and commercially proven low-carbon technologies (LCTs).

Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning, Align Policies with Paris Agreement, Share Experiences and Expertise

PD-PFM
WBG   |  
Disaster Response: A Public Financial Management Review Toolkit

The Post-Disaster Financial Management Review and Engagement Framework (PD-PFM Review) is an analytical instrument that seeks to help countries build resilient, responsive public financial management (PFM) systems by pinpointing critical PFM policies, practices, and procedures that can be strengthened to improve a government’s capability to respond more efficiently and effectively to natural disasters and other catastrophic events, without loss of the integrity and accountability.

Category:  Climate-Informed Fiscal Planning

WBG   |  
Climate Change and Governance : Opportunities and Responsibilities

This Governance Note explains why climate change is a governance issue. It describes the development challenge that climate change poses, outlines the role of institutions in tackling the issue and prescribes the policy response to address its impacts.



Category:  Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector
WBG   |  
Climate Auctions: A Market-Based Approach to National Climate Action

Climate auctions—a 21st-century alternative— competitively allocate public funding to commercially developed mitigation projects, ensuring both transparency in selection processes and efficiency in leveraging investment. Climate auctions offer successful project developers and commercial entities a guaranteed price for verified emission reductions, which these entities can then use to raise additional finance.

Category:  Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement, Share Experiences and Expertise

WBG   |  
Fiscal Policies for Development and Climate Action (Full Report)

Climate policy has traditionally been viewed as the domain of energy and environment ministries. This report argues that environmental tax reforms, coupled with adaptation and risk management strategies, are among the most effective means to fight climate change and bolster economic resilience to natural disasters while raising human wellbeing.



Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning, Align Policies with Paris Agreement, NDC Support and Implementation
WBG   |  
Fiscal Policies for Development and Climate Action - Policy Summary for Finance Ministers

This brochure summarizes the policy recommendations of a World Bank upcoming publication: Fiscal Policies for Development and Climate Action. The report is a call to action for Finance Ministers. It highlights the fundamental role that fiscal instruments can play as a cost-efficient way to reduce climate emissions and enhance development.  It calls for environmental taxes and the elimination of fossil fuels subsidies to ensure that energy prices reflect all externalities.



Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning
WBG   |  
St. Lucia: Climate Change Policy Assessment

St. Lucia has been a leader among vulnerable Caribbean states in prioritizing a response to climate change, both nationally and in international fora. Its Nationally Determined Contribution (NDC) outlines a balanced mitigation strategy backed by costed investment plans, and a qualitative adaptation strategy with identified priority sectors. This paper takes stock of St. Lucia’s plans to manage climate change, from the perspective of their macroeconomic implications.

Category:  Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement, NDC Support and Implementation

WBG, PMR   |  
Carbon Tax Guide: A Handbook for Policy Makers (2017)

This Guide has a dual purpose: (i) to provide policy makers and other policy leaders and influencers with a practical tool to help them determine whether a carbon tax is the right instrument to achieve their policy aims; and (ii) to support them in designing and implementing the carbon tax best suited to their specific needs, circumstances, and objectives.

Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector

WBG, OECD   |  
Managing Disaster Risk Related Contingent Liabilities in Public Finance Frameworks, OECD Working Papers on Public Governance, No 27

Natural 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

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