83 results found
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
Bank of England   |  
Climate Change and the Macro-economy: A Critical Review.

Climatic factors can directly affect economic outcomes such as output, investment and productivity, and understanding the economic consequences of climate change is rapidly becoming a necessity not just for climate economists but also for a wider range of economic professionals involved in modelling and forecasting macroeconomic variables. The focus of this review is on the key theoretical and empirical modelling issues in the analysis of the macroeconomic risks deriving from climate change.



Category:  Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector
IMF   |  
The Effects of Weather Shocks on Economic Activity: What are the Channels of Impact?

Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise in temperature lowers per capita output, in both the short and medium term, through a wide array of channels: reduced agricultural output, suppressed productivity of workers exposed to heat, slower investment, and poorer health.



Category:  Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement, NDC Support and Implementation
IMF   |  
Climate Mitigation in China: Which Policies Are Most Effective?

For the 2015 Paris Agreement on climate change, China pledged to reduce the carbon dioxide (CO2) intensity of GDP by 60–65 percent below 2005 levels by 2030. This paper develops a practical spreadsheet tool for evaluating a wide range of national level fiscal and regulatory policy options for reducing CO2 emissions in China in terms of their impacts on emissions, revenue, premature deaths from local air pollution, household and industry groups, and overall economic welfare.



Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning
UNEP, OECD   |  
Green Growth Knowledge Partnership

The Green Growth Knowledge Partnership (GGKP) is a global network of experts and organizations dedicated to providing the policy, business, and finance communities with knowledge, guidance, data, and tools to transition to an inclusive green economy. 



Category:  Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement, Share Experiences and Expertise, NDC Support and Implementation
IMF   |  
Iran: The Chronicles of the Subsidy Reform.

On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical issues involved in the planning and early implementation of the reform, including the transfers to households and the public relations campaign that were critical to the success of the reform.



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
Ecofys, WBG   |  
States and Trends of Carbon Pricing 2018

The State and Trends of Carbon Pricing series reflects on the growing momentum for carbon pricing worldwide. It targets the wide audience of public and private stakeholders engaged in carbon pricing design and implementation. This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including national and subnational initiatives.



Category:  Promote Carbon Pricing Measures