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WBG, PMR |Carbon Leakage Theory, Evidence and Policy DesignThe World Bank’s Partnership for Market Readiness (PMR) brings together developed and developing countries to build readiness for carbon market instruments to support cost-effective greenhouse gas emissions reductions. As part of the PMR’s Technical Work Program, the World Bank asked Vivid Economics to develop a technical note on the issue of carbon leakage and competitiveness. This issue is of interest to a range of PMR countries and is of great importance to successful design and implementation of carbon pricing policies. Category: Promote Carbon Pricing Measures |
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GGGI, LES |Looking for Green Jobs: The Impact of Green Growth on EmploymentThis 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 |
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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 |
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IMF |Getting Energy Prices RightMany energy prices in many countries are wrong. They are set at levels that do not reflect environmental damage, notably global warming, air pollution, and various side effects of motor vehicle use. In so doing, many countries raise too much revenue from direct taxes on work effort and capital accumulation and too little from taxes on energy use. This book is about getting energy prices right. Category: Promote Carbon Pricing Measures |
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WBG |Economic Resilience Definition and Measurement (2014)The (economic) welfare disaster risk in a country can be reduced by reducing the exposure or vulnerability of people and assets (reducing asset losses), increasing macroeconomic resilience (reducing aggregate consumption losses for a given level of asset losses), or increasing microeconomic resilience (reducing welfare losses for a given level of aggregate consumption losses). The paper proposes rules of thumb to estimate macroeconomic and microeconomic resilience based on the relevant parameters in the economy. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, Align Policies with Paris Agreement, NDC Support and Implementation |
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WBG |Economic Resilience Definition and MeasurementThe (economic) welfare disaster risk in a country can be reduced by reducing the exposure or vulnerability of people and assets (reducing asset losses), increasing macroeconomic resilience (reducing aggregate consumption losses for a given level of asset losses), or increasing microeconomic resilience (reducing welfare losses for a given level of aggregate consumption losses). The paper proposes rules of thumb to estimate macroeconomic and microeconomic resilience based on the relevant parameters in the economy. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector, NDC Support and Implementation |
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IMF |Energy Subsidy Reform: Lessons and ImplicationsEnergy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital-intensive industries, reducing incentives for investment in renewable energy, and accelerating the depletion of natural resources. Category: Promote Carbon Pricing Measures, Climate-Informed Fiscal Planning |
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G20, OECD |Disaster Risk Assessment and Risk Financing: A G20/OECD Methodological Framework.This methodological framework for disaster risk assessment and risk financing is intended to help finance ministries and other governmental authorities in developing more effective disaster risk management strategies and, in particular, financial strategies, building on strengthened risk assessment and risk financing. Category: Climate-Informed Fiscal Planning, Climate-Resilient Financial Sector |
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ADB, AfDB, EBRD, EIB, IADB, IMF, WBG, OECD |Mobilizing Climate Finance: A Paper Prepared at the Request of G20 Finance Ministers.This paper responds to the request of G20 Finance Ministers in exploring scaled up finance for climate change adaptation and mitigation in developing countries. In so doing it builds upon and extends the work of last year‘s U.N. Secretary-General‘s High Level Advisory Group on Climate Change Financing (AGF). Its starting point is the commitment made in the Copenhagen Accord and Cancun Agreements on the part of developed countries to provide new and additional resources for climate change activities in developing countries. Category: Climate-Resilient Financial Sector |
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WBG |From Growth to Green Growth: A Framework (2011)Green growth is about making growth processes resource efficient, cleaner and more resilient without necessarily slowing them. This paper aims at clarifying these concepts in an analytical framework and at proposing foundations for green growth. Category: Climate-Resilient Financial Sector, Align Policies with Paris Agreement, Share Experiences and Expertise, NDC Support and Implementation |
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