22 results found
IMF   |  
Iran: The Chronicles of the Subsidy Reform.

On December 18, 2010, Iran increased domestic energy and agricultural prices by up to 20 times, making it the first major oil-exporting country to reduce substantially implicit energy subsidies. This paper reviews the economic and technical issues involved in the planning and early implementation of the reform, including the transfers to households and the public relations campaign that were critical to the success of the reform.

Category:  Distribution, Competitiveness & Political Economy

PMR   |  
Partnership for Market Readiness

Published in November 2017, the PMR technical note, Establishing Scaled-up Crediting Program Baselines under the Paris Agreement: Issues and Options, offers guidance and identifies options for developing baselines for scaled-up crediting programs under the Paris Agreement



Category:  Fiscal Instruments for Climate Policy, Distribution, Competitiveness & Political Economy, Macroeconomics of Climate Change, Climate Change Fiscal Risk Assessments and Management, Climate Finance, Public Financial Management
GIZ, IMF, UNEP   |  
Green Fiscal Policy Network

The Green Fiscal Policy Network is a joint partnership between UN Environment (UNEP), the International Monetary Fund (IMF) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) launched in 2011. The Network aims to facilitate knowledge sharing and dialogue on green fiscal policy reforms.

Category:  Fiscal Instruments for Climate Policy, Distribution, Competitiveness & Political Economy, Macroeconomics of Climate Change, Climate Change Fiscal Risk Assessments and Management, Climate Finance, Public Financial Management

Others   |  
Fossil Fuel Subsidy Reforms and Their Impacts on Firms. 

While the potential adverse effects of fossil fuel subsidy reform are well documented for households, the literature has largely ignored the effect of subsidy reform on firms’ competitiveness. This paper discusses how firms are affected by, and respond to, energy price increases caused by subsidy reforms. It highlights that cost increases (both direct and indirect) do not necessarily reflect competitiveness losses, since firms have various ways to mitigate and pass on price shocks.

Category:  Distribution, Competitiveness & Political Economy

  |  
Carbon Pricing in Climate Policy: Seven Reasons, Complementary Instruments, And Political Economy Considerations. 

Carbon pricing is a recurrent theme in debates on climate policy. Discarded at the 2009 COP in Copenhagen, it remained part of deliberations for a climate agreement in subsequent years. As there is still much misunderstanding about the many reasons to implement a global carbon price, ideological resistance against it prospers. Here, we present the main arguments for carbon pricing, to stimulate a fair and well‐informed discussion about it. These include considerations that have received little attention so far.

Category:  Fiscal Instruments for Climate Policy, Distribution, Competitiveness & Political Economy

IDB   |  
Climate Policies and Nationally Determined Contributions: Reconciling the Needed Ambition with the Political Economy.

Countries have pledged to stabilize global warming at a 1.5 to 2°C increase. Either target requires reaching net zero emissions before the end of the century, which implies a major transformation of the economic system. This paper reviews the literature on how policymakers can design climate policies and their Nationally Determined Contributions (NDCs) to reach zero-net emissions before the end of the century in a socially and politically-acceptable manner.

Category:  Distribution, Competitiveness & Political Economy

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:  Fiscal Instruments for Climate Policy, Distribution, Competitiveness & Political Economy, Macroeconomics of Climate Change

Others   |  
It Is All About Political Incentives: Democracy and the Renewable Feed-In Tariff.

Demand for renewable energy is booming. Scholars often attribute this success to feed-in tariffs (FITs), which mandate that energy utilities pay a premium to renewable electricity producers and guarantee grid access for them. Why have so many countries, including least-developed ones, adopted these policies?

Category:  Distribution, Competitiveness & Political Economy

CPLC   |  
What is the Impact of Carbon Pricing on Competitiveness? CPLC Executive Briefing.

Pricing carbon is one of the most powerful and efficient strategies that governments and businesses are using to respond to climate change. The principle is simple: put a price on carbon pollution to account for the impacts of greenhouse gas (GHG) emissions that stem from the economic choices made by both producers and consumers.

Category:  Distribution, Competitiveness & Political Economy

WBG   |  
Emissions Trading in Practice: A Handbook on Design and Implementation.

As the world moves on from the climate agreement negotiated in Paris, attention is turning from the identification of emissions reduction trajectories—in the form of Nationally Determined Contributions (NDCs)—to crucial questions about how these emissions reductions are to be delivered and reported within the future international accounting framework.

Category:  Fiscal Instruments for Climate Policy, Distribution, Competitiveness & Political Economy