Climate Resilient Fiscal Planning - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Climate Resilient Fiscal Planning write by Asian Development Bank. This book was released on 2023-11-01. Climate Resilient Fiscal Planning available in PDF, EPUB and Kindle. This report shows how adopting good practices around climate-resilient fiscal planning can help decision-makers in Asia and the Pacific ramp up public and private resources to plug the yawning adaptation financing gap. Outlining a three-step framework, the report explains the need to effectively assess the rising impacts of climate change, develop a fiscal risk management strategy, and optimize available resources. It underscores why coherent action hinges on a solid understanding of the impacts of climate change and how central finance agencies can better integrate climate risk into decision-making to lead the drive towards economic resilience.
Climate Resilient Fiscal Planning
Climate Resilient Fiscal Planning - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Climate Resilient Fiscal Planning write by Asian Development Bank. This book was released on 2023-12-04. Climate Resilient Fiscal Planning available in PDF, EPUB and Kindle. This report shows how adopting good practices around climate-resilient fiscal planning can help decision-makers in Asia and the Pacific ramp up public and private resources to plug the yawning adaptation financing gap. Outlining a three-step framework, the report explains the need to effectively assess the rising impacts of climate change, develop a fiscal risk management strategy, and optimize available resources. It underscores why coherent action hinges on a solid understanding of the impacts of climate change and how central finance agencies can better integrate climate risk into decision-making to lead the drive towards economic resilience.
Fiscal Policies for Development and Climate Action
Fiscal Policies for Development and Climate Action - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fiscal Policies for Development and Climate Action write by Miria A. Pigato. This book was released on 2018-12-31. Fiscal Policies for Development and Climate Action available in PDF, EPUB and Kindle. This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Building on more than two decades of research in development and environmental economics, it argues that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues, and generate positive welfare effects such as cleaner water, safer roads, and improvements in human health. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence that preventive public investments and measures to build fiscal buffers can help safeguard stability and growth in the face of rising climate risks. In this way, environmental tax reforms and climate risk-management strategies can lay the much-needed fiscal foundation for development and climate action.
Climate-Sensitive Management of Public Finances—"Green PFM”
Climate-Sensitive Management of Public Finances—"Green PFM” - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Climate-Sensitive Management of Public Finances—"Green PFM” write by Mr. Fabien Gonguet. This book was released on 2021-08-11. Climate-Sensitive Management of Public Finances—"Green PFM” available in PDF, EPUB and Kindle. Public financial management (PFM) consists of all the government’s institutional arrangements in place to facilitate the implementation of fiscal policies. In response to the growing urgency to fight climate change, “green PFM” aims at adapting existing PFM practices to support climate-sensitive policies. With the cross-cutting nature of climate change and wider environmental concerns, green PFM can be a key enabler of an integrated government strategy to combat climate change. This note outlines a framework for green PFM, emphasizing the need for an approach combining various entry points within, across, and beyond the budget cycle. This includes components such as fiscal transparency and external oversight, and coordination with state-owned enterprises and subnational governments. The note also identifies principles for effective implementation of a green PFM strategy, among which the need for a strong stewardship located within the ministry of finance is paramount.
Planning and Mainstreaming Adaptation to Climate Change in Fiscal Policy
Planning and Mainstreaming Adaptation to Climate Change in Fiscal Policy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Planning and Mainstreaming Adaptation to Climate Change in Fiscal Policy write by Emanuele Massetti. This book was released on 2022-03-23. Planning and Mainstreaming Adaptation to Climate Change in Fiscal Policy available in PDF, EPUB and Kindle. This Staff Climate Note is part of a series of three Notes (IMF Staff Climate Note 2022/001, 2022/002, and 2022/003) that discuss fiscal policies for climate change adaptation. A first Note (Bellon and Massetti 2022, henceforth Note 1) examines the economic principles that can guide the integration of climate change adaptation into fiscal policy. It argues that climate change adaptation should be part of a holistic, sustainable, and equitable development strategy. To maximize the impact of scarce resources, governments need to prioritize among all development programs, including but not limited to adaptation. To this end, they can use cost-benefit analysis while ensuring that the decision-making process reflects society’s preferences about equity and uncertainty. A second Note (Aligishiev, Bellon, and Massetti. 2022, henceforth Note 2) discusses the macro-fiscal implications of climate change adaptation. It reviews evidence on the effectiveness of adaptation at reducing climate change damages, on residual risks, and on adaptation investment needs, and suggests ways to integrate climate risks and adaptation costs into national macro-fiscal frameworks with the goal of guiding fiscal policy. It stresses that lower-income vulnerable countries, which have typically not contributed much to climate change, face exacerbated challenges that warrant increased international support. This third Note considers how to translate adaptation principles and estimates of climate impacts into effective policies.
