100 results found
WBG, OECD   |  
Managing Disaster Risk Related Contingent Liabilities in Public Finance Frameworks, OECD Working Papers on Public Governance, No 27

Natural disasters have caused, and continue to cause, a significant amount of economic costs. The costs of disasters are often, and to a large extent, shouldered by governments, especially in economies where private insurance markets are not well developed. Governments are asked to provide financing for explicit commitments made prior to a disaster, and are often under pressure to make payments for which no such commitments were made earlier.

Category:  Climate Change Fiscal Risk Assessments and Management

UNDP   |  
Hard Choices Integrated Approaches: A Guidance Note of Climate Change Financing Frameworks.

This Note outlines the core elements, processes, workfows, and outputs of a  Climate Change Financing Framework (CCFF). This is achieved by reviewing the roles and value-added aspects that a CCFF plays in facilitating a whole of government response to the challenges presented by climate change.

Category:  Public Financial Management
WRI   |  
Future of the Funds: Exploring the Architecture of Multilateral Climate Finance.

Multilateral climate funds play a key role in using public finance to help drive the economic and societal transformation necessary to address climate change. There is growing pressure for policymakers to make the architecture of funds more effective and coherent. This report examines seven key multilateral climate funds and recommends operational and architectural reforms to improve their ability to deliver low-emissions and climate-resilient development.

Category:  Climate Finance
WBG   |  
Emission Trading in Practice

This learning builds on the successful report, ‘Emissions Trading in Practice: Handbook for Design and Implementation’, developed by the Partnership for Market Readiness (PMR) and International Carbon Action Partnership (ICAP).

Category:  Fiscal Instruments for Climate Policy

Disaster Risk Management and Fiscal Policy: Entry Points for Finance Ministries.

This chapter reflects on the benefits of disaster risk management (DRM) in the context of fiscal policy and public investment. Of particular interest is the question of how those in charge of fiscal policy decisions can recognise and realise the economic and broader benefits of DRM. We consider the interplay between public DRM investment and fiscal policy and provide an overview of current debate as well as assessment methods, tools and policy options.

Category:  Climate Change Fiscal Risk Assessments and Management

U.S. Office of Management and Budget   |  
Climate Change: The Fiscal Risks Facing The Federal Government: A Preliminary Assessment.

Climate change is already affecting communities across the United States. This report outlines the contours of fiscal risk through five program-specific assessments: crop insurance, health care, wildfire suppression, hurricane-related disaster relief, and Federal facility flood risk. These programs were assessed because they are directly influenced by climate change, they have strong links to the Federal Budget, and quantitative scientific and economic models regarding the likely magnitude of impacts were available.

Category:  Climate Change Fiscal Risk Assessments and Management

IADB   |  
The Integrated Economic-Environmental Modelling Framework: An Illustration with Guatemala's Forest and Fuelwood Sectors.

This paper develops and operationalizes the Integrated Economic-Environmental Modelling (IEEM) platform which integrates environmental data organized under the first international standard for environmental-economic accounting with a powerful economy-wide modelling approach. IEEM enables the ex-ante economic analysis of public policies and investment on the economy and the environment in a quantitative, comprehensive and consistent framework.

Category:  Macroeconomics of Climate Change

IMF   |  
Analyzing and Managing Fiscal Risks: Best Practices.

This paper provides a set of analytical tools and best practices to help policy makers understand and manage fiscal risks. Rather than seeking to provide an alternative to standard debt sustainability analysis, the paper’s focus is on how countries can assess and manage fiscal risks more broadly—including tail risks—and to better incorporate uncertainty into fiscal policy analysis. The paper is structured as follows.

Category:  Climate Change Fiscal Risk Assessments and Management

WBG, PMR   |  
Modeling the Impact on South Africa’s Economy of Introducing a Carbon Tax (2016)

This paper reviews the key findings of a modeling analysis exploring the implications of the South African carbon tax. A carbon tax, in conjunction with the recycling of revenues, has been designed by the National Treasury as one of the key mitigation instruments in helping South Africa meet its international commitments to reduce its greenhouse gas (GHG) emissions by 42 percent relative to business-as-usual by 2025 and for emissions to follow a ‘peak plateau and then decline’ trajectory.

Category:  Fiscal Instruments for Climate Policy, Macroeconomics of Climate Change