57 results found
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
  |  
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
UNEP   |  
Fiscal Policy Scoping Study: Kenya

This 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
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
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
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
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
GGGI, LES   |  
Looking for Green Jobs: The Impact of Green Growth on Employment

This Policy Brief draws on research carried out at the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, with the generous financial support of the Global Green Growth Institute (GGGI). It also draws on work by the first author commissioned by the World Bank and published in the World Bank’s policy research working paper series (Bowen, 2012). We are grateful for comments from Dimitri Zenghelis, Tim Foxon and Sheng Fulai.



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