19 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
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   |  
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
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
WBG   |  
Financing Vietnam’s Response to Climate Change: Building a Sustainable Future

The 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
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