50 results found
IMF   |  
Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments.

Category:  Helsinki Principle 4, Fiscal Instruments for Climate Policy, Macroeconomics of Climate Change, Climate Change Fiscal Risk Assessments and Management

WBG, PMR   |  
Using Carbon Revenues

Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives. How carbon revenues are used and how these uses are communicated are also critical for public and stakeholder acceptability of carbon pricing.

Category:  Helsinki Principle 3, Fiscal Instruments for Climate Policy

UNEP   |  
Seed Capital Assistance Facility

Seed Capital Investment Facility (SCAF) mobilizes private investment in renewable energy projects and ventures in frontier markets. SCAF, a $19 million facility, works through private sector investment funds to support their engagement in early stage development and future financing of renewable energy projects and ventures.

 

 



Category:  Helsinki Principle 5, Climate Finance
EIB, UNEP   |  
Renewable Energy Performance Platform (REPP)

Renewable Energy Performance Platform (REPP) supports the growth of sub-Saharan Africa's renewable energy industry by mobilizing private investment in renewable energy. Supported by the EIB and UNEP, the REPP programme supports renewable energy projects in sub-Sahara Africa with early financing, i.e. development cost support, and early debt or equity capital. 



Category:  Helsinki Principle 5, Climate Finance
UNEP   |  
International Network of Financial Centres for Sustainability (FC4S)

The FC4S Network is structured as a partnership between financial centres and the United Nations Environment Programme, which acts as its Convenor and Secretariat. The objective of the network is to exchange experience and take common action on shared priorities to accelerate the expansion of green and sustainable finance. The long-term vision of the FC4S Network is rapid global growth of green and sustainable finance across the world’s financial centres, supported by strengthened international connectivity, and a framework for common approaches.



Category:  Helsinki Principle 5, Climate Finance
WBG   |  
State and Trends of Carbon Pricing 2019

The dangerous consequences of climate change are clearer than ever before. Yet, analyses indicate that countries’ implemented policies and Nationally

Category:  Fiscal Instruments for Climate Policy, Helsinki Principle 3, Climate Finance

IMF   |  
Fiscal Policies for Paris Climate Strategies - From Principle to Practice

Fiscal Policies for Paris Climate Strategies - From Principle to Practice provides country-level guidance on the role, and design of, fiscal policies for implementing climate mitigation strategies that countries have submitted for the 2015 Paris Agreement and for addressing vulnerabilities in disaster-prone countries. On the mitigation side, the paper presents a spreadsheet tool for judging the likely impact on emissions, fiscal revenues, local air pollution mortality, and economic welfare impacts of a range of instruments including comprehensive carbo

Category:  Fiscal Instruments for Climate Policy

Shifting Gears: How the world’s leading financial centres are entering a new phase of strategic action on green and sustainable finance
UNEP   |  
Shifting Gears: How the World’s Leading Financial Centres are Entering a New Phase of Strategic Action on Green and Sustainable Finance

The world’s financial centres are the locations where supply and demand for green and sustainable finance will be matched. This report presents the first findings from an in-depth assessment of actions in 13 of these hubs, all members of the International Network of Financial Centres for Sustainability (FC4S) across Africa, the Americas, Asia and Europe. The assessment reveals 10 key insights on how financial centres are mobilizing their expertise, connectivity and capital to help solve some of the world’s toughest financing challenges



Category:  Macroeconomics of Climate Change, Climate Finance
Islamic Green Finance
WBG   |  
Islamic Green Finance : Development, Ecosystem and Prospects

Islamic finance can be a catalyst for growth of green developments globally. Investors in Europe, Americas, Africa and Asia are witnessing the effects of non-sustainable investments on assets and portfolios that are exacerbating the climate change effects. This emerging trend provides greater opportunities for Islamic finance to attract a wider investor base and expand its role to support sustainable objectives of finance.

Category:  Climate Finance

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 Finance