3 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

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

WBG   |  
Fiscal Policies for Development and Climate Action - Policy Summary for Finance Ministers

This brochure summarizes the policy recommendations of a World Bank upcoming publication: Fiscal Policies for Development and Climate Action. The report is a call to action for Finance Ministers. It highlights the fundamental role that fiscal instruments can play as a cost-efficient way to reduce climate emissions and enhance development.  It calls for environmental taxes and the elimination of fossil fuels subsidies to ensure that energy prices reflect all externalities.



Category:  Fiscal Instruments for Climate Policy