100 results found
WBG, OECD   |  
The FASTER Principles for Successful Carbon Pricing: An Approach Based on Initial Experience.

The case for climate action has never been stronger. Current weather extremes, including storms, floods and drought, affect millions of people across the world. Climate change is putting water security at risk; threatening agricultural and other supply chains as well as many coastal cities. The likelihood of severe pervasive and irreversible impacts will grow without action to limit and reverse the growth of GHG emissions globally.

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

Ecofys, WBG   |  
State and Trends of Carbon Pricing 2015.

The report is a one stop shop for learning about key developments and prospects of existing and emerging carbon initiatives. A challenging international carbon market has not stopped the development of domestic carbon pricing initiatives. Today, about 40 national and over 20 sub-national jurisdictions responsible for almost one fourth of global greenhouse gas emissions are putting a price on carbon.

Category:  Distribution, Competitiveness & Political Economy

UNEP   |  
Fiscal Reforms in the Extractives Sector for Green Finance (UNEP)

A key challenge facing many resource-rich countries is how to mobilize and effectively use volatile revenues from resource extraction, while addressing social and environmental externalities of mining activities. This UNEP Policy Brief examines how fiscal reforms and other complementary measures in the extractives sector can help generate additional public revenues while reducing some of the negative environmental and social impacts from mining activities.

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

WBG, GFDRR   |  
The Indirect Cost of Natural Disasters and an Economic Definition of Macroeconomic Resilience (2015)

The paper proposes a rule of thumb to estimate macroeconomic resilience, based on the interest rate (a higher interest rate decreases resilience and increases welfare losses), the reconstruction duration (a longer reconstruction duration increases welfare losses), and a “ripple-effect” factor that increases or decreases immediate losses (negative if enough idle resources are available to cope; positive if cross-sector and supply-chain issues impair the production of non-affected capital).

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

WBG, OECD   |  
The FASTER Principles for Successful Carbon Pricing (2015)

The “FASTER” principles presented in this report lay out an approach that focuses on the emerging design features for successful and cost-effective carbon pricing policies drawn from initial and growing experience around the world.

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

WBG   |  
Financing Vietnam’s Response to Climate Change: Building a Sustainable Future

The Government of Vietnam (GoV) has conducted a Climate Public Expenditure and Investment Review (CPEIR) with the support of the World Bank and the United Nations Development Programme (UNDP). The review examined Vietnam’s policies and climate change expenditure for the period 2010–2013 from five ministries (MONRE, MOIT, MARD, MOC, and MOT) and three provinces (Bac Ninh, Quang Nam and An Giang).

Category:  Public Financial Management
WBG, PMR   |  
Carbon Leakage Theory, Evidence and Policy Design

The World Bank’s Partnership for Market Readiness (PMR) brings together developed and developing countries to build readiness for carbon market instruments to support cost-effective greenhouse gas emissions reductions. As part of the PMR’s Technical Work Program, the World Bank asked Vivid Economics to develop a technical note on the issue of carbon leakage and competitiveness. This issue is of interest to a range of PMR countries and is of great importance to successful design and implementation of carbon pricing policies.

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

OECD   |  
National Climate Change Adaptation: Emerging Practices in Monitoring and Evaluation.

Developing countries are increasingly moving towards more strategic national policies and plans, the effectiveness of which will depend upon proper assessment of a given country’s vulnerability to climate change.

Category:  Public Financial Management

GGGI, LES   |  
Looking for Green Jobs: The Impact of Green Growth on Employment

This Policy Brief draws on research carried out at the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, with the generous financial support of the Global Green Growth Institute (GGGI). It also draws on work by the first author commissioned by the World Bank and published in the World Bank’s policy research working paper series (Bowen, 2012). We are grateful for comments from Dimitri Zenghelis, Tim Foxon and Sheng Fulai.

Category:  Macroeconomics of Climate Change

IMF   |  
Implementing a US Carbon Tax: Challenges and Debates

This book is about the practicalities of introducing a carbon tax in the United States, set against the broader fiscal context. It consists of thirteen chapters, written by leading experts, covering the full range of issues policymakers would need to understand, such as the revenue potential of a carbon tax, how the tax can be administered, the advantages of carbon taxes over other mitigation instruments and the environmental and macroeconomic impacts of the tax. A carbon tax can work in the United States.

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