104 results found
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

WBG   |  
Climate Change and Poverty: An Analytical Framework (2014)

The paper proposes four channels that determine household consumption and through which households may escape or fall into poverty (prices, assets, productivity, and opportunities). It then discusses whether and how these channels are affected by climate change and climate policies, focusing on the exposure, vulnerability, and ability to adapt of the poor (and those vulnerable to poverty). It reviews the existing literature and offers three major conclusions.

Category:  Climate-Informed Fiscal Planning

WBG   |  
Economic Resilience Definition and Measurement

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, NDC Support and Implementation

WBG   |  
Getting a Grip on Climate Change in the Philippines: Excutive Report

To assess gaps and accelerate implementation of the climate reform agenda, in 2012 the Department of Budget and Management and the Climate Change Commission sought advisory services from the World Bank to carry out a Climate Public Expenditure and Institutional Review (CPEIR).

Category:  Climate-Informed Fiscal Planning

Vivid Economics   |  
The Macroeconomics of Climate Change.

Vivid Economics was commissioned by Defra to review techniques for modelling the macroeconomic impacts of climate change and the role of adaptation in the macro-economy. A theoretical framework is developed to enable policy-makers to succinctly yet robustly understand and evaluate macroeconomic models of climate change and adaptation. The literature is reviewed, including cutting-edge work on General Equilibrium modelling, the interaction of climate change and economic growth and the economics of extreme weather events.

Category:  Climate-Informed Fiscal Planning, Align Policies with Paris Agreement, NDC Support and Implementation

IMF   |  
Energy Subsidy Reform: Lessons and Implications

Energy 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

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

WBG   |  
‘Green’ Growth, ‘Green’ Jobs and Labor Markets

The term ‘green jobs’ can refer to employment in a narrowly defined set of industries providing environmental services. But it is more useful for the policy-maker to focus on the broader issue of the employment consequences of policies to correct environmental externalities such as anthropogenic climate change. Most of the literature focuses on direct employment created, with more cursory treatment of indirect and induced job creation, especially that arising from macroeconomic effects of policies.

Category:  Climate-Informed Fiscal Planning, Align Policies with Paris Agreement, NDC Support and Implementation

IEA   |  
Good Practice Policy Framework for Energy Technology Research, Development and Demonstration (RD&D).

Accelerating Energy Innovation (AEI) is a new project being launched by the International Energy Agency (IEA).

Category:  Climate-Informed Fiscal Planning, Align Policies with Paris Agreement

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