88 results found
WBG   |  
The Design and Sustainability of Renewable Energy Incentives: An Economic Analysis.

Rapid urbanization and economic growth, new demographic trends, and climate change are key challenges that developing countries must face as they strive to meet growing energy demand. The main objectives of this study are to offer: (a) a global taxonomy of the economic and financial incentives provided by renewable support schemes and (b) an economic modeling of the sustainability and affordability of such support schemes.

Category:  Fiscal Instruments for Climate Policy

IMF   |  
Getting Energy Prices Right

Many energy prices in many countries are wrong. They are set at levels that do not reflect environmental damage, notably global warming, air pollution, and various side effects of motor vehicle use. In so doing, many countries raise too much revenue from direct taxes on work effort and capital accumulation and too little from taxes on energy use. This book is about getting energy prices right.

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

WBG   |  
Climate Change Public Expenditure and Institutional Review Sourcebook

The Climate Change Public Expenditure and Institutional Review (CCPEIR) Sourcebook identifies the key issues that central finance and planning agencies will need to consider and the various approaches taken in dealing with the technical, policy, and institutional issues that are likely to arise in the response to climate change.

Category:  Climate Finance, Public Financial Management

WBG   |  
Moving Toward Climate Budgeting: Policy Note

This policy note presents several measures of immediate interest to finance ministries for better fiscal planning and expenditure management of climate actions.

Category:  Public Financial Management

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:  Macroeconomics of Climate Change, Climate Change Fiscal Risk Assessments and Management

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:  Macroeconomics of Climate Change

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:  Macroeconomics of Climate Change, Climate Change Fiscal Risk Assessments and Management

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:  Public Financial Management

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:  Macroeconomics of Climate Change

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