25 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

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

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

Others   |  
Coping With Collapse: A Stock-Flow Consistent Monetary Macrodynamics of Global Warming

This paper presents a macroeconomic model that combines the economic impact of climate change with the pivotal role of private debt. Using a Stock-Flow Consistent approach based on the Lotka–Volterra logic, we couple its nonlinear monetary dynamics of underemployment and income distribution with abatement costs. A calibration of our model at the scale of the world economy enables us to simulate various planetary scenarios. 



Category:  Climate-Resilient Financial Sector, Align Policies with Paris Agreement, NDC Support and Implementation
IFC   |  
Sustainable Banking Network Global Progress Report.

The report presents a systematic view of progress toward sustainable finance among the emerging economies represented by SBN. It is based on a unique measurement framework to assess sustainable finance initiatives across emerging markets. The Global Progress Report was informed by country progress reports that were prepared for 15 SBN members implementing sustainable finance policy initiatives.

Category:  Climate-Resilient Financial Sector

OECD   |  
Green Financing: Challenges and Opportunities in the Transition to a Clean and Climate Resilient Economy.

Greening the economy involves improving the quality of the environment and tackling climate change, and is a major policy, economic and financial challenge. Key issues that have emerged in this context relate to financing climate change mitigation and adaptation and how to close the financing gap to fund the needed low-carbon investments.

Category:  Climate-Resilient Financial Sector

PAGE, UN   |  
The Integrated Green Economy Modelling Framework – Technical Document.

Partnership for Action on Green Economy (PAGE) has developed the Integrated Green Economy Modelling (IGEM) framework that aims to better respond to countries’ needs in terms of analysing the cross- sectoral impacts of Green Economy (GE) policies.

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

CPI   |  
Global Landscape of Climate Finance 2017.

Climate Policy Initiative’s 2017 edition of the Global Landscape of Climate Financeupdates the most comprehensive assessment of annual climate finance flows with data from 2015 and 2016, providing, for the first time, a five-year trend analysis on the how, where, and from whom finance is flowing toward low-carbon and climate-resilient actions globally in order to identify trends, gaps, and opportunities to scale up investment.

Category:  Climate-Resilient Financial Sector

G20   |  
G20 Green Finance Synthesis Report 2017.

The G20 Green Finance Study Group (‘GFSG’ or ‘Study Group’) aims to “identify institutional and market barriers to green finance, and based on country experiences, develop options on how to enhance the ability of the financial system to mobilize private capital for green investment”.

Category:  Climate-Resilient Financial Sector

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