Firms Resilience To Energy Shocks And Response To Fiscal Incentives Assessing The Impact Of 2022 Energy Crisis

Author : David Amaglobeli,Joaquim Guilhoto,Samir Jahan,Salma Khalid,Mr. Waikei R Lam,Mr. Gregory M Legoff,Brent Meyer,Xuguang Simon Sheng,Pawel Smietanka,Sonya Waddell,Daniel Weitz
Publisher : International Monetary Fund
Page : 26 pages
File Size : 54,9 Mb
Release : 2024-02-09
Category : Business & Economics
ISBN : 9798400263149

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Firms’ Resilience to Energy Shocks and Response to Fiscal Incentives: Assessing the Impact of 2022 Energy Crisis by David Amaglobeli,Joaquim Guilhoto,Samir Jahan,Salma Khalid,Mr. Waikei R Lam,Mr. Gregory M Legoff,Brent Meyer,Xuguang Simon Sheng,Pawel Smietanka,Sonya Waddell,Daniel Weitz Pdf

The energy price shock in 2022 led to government support for firms in some countries, sparking debate about the rationale and the nature of such support. The results from nationally representative firm surveys in the United States and Germany indicate that firms in these countries were generally resilient. Coping strategies adopted by firms included the pass-through of higher costs to consumers, adjustment of profit margins (United States) and investments in energy saving and efficiency (Germany). Firms in energy-intensive industries would have been significantly more affected if international energy prices were fully passed through to domestic prices in Europe. Survey responses further reveal that most firms are uncertain about the impact of recent policy announcments on green subsidies. Firms take advantage of fiscal incentives to accelerate their climate-related investment plans are often those that have previous plans to do so. These findings suggest better targeting and enhancing policy certainty will be important when facilitate the green transition among firms.

Author : Great Britain. Department of Energy
Publisher : Unknown
Page : 68 pages
File Size : 51,9 Mb
Release : 1977
Category : Political Science
ISBN : UCAL:B5003690

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Energy Policy Review by Great Britain. Department of Energy Pdf

Author : National Intelligence Council
Publisher : Cosimo Reports
Page : 158 pages
File Size : 47,9 Mb
Release : 2021-03
Category : Electronic
ISBN : 1646794974

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Global Trends 2040 by National Intelligence Council Pdf

"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Author : Leonardo Martinez-Diaz,Jesse M. Keenan
Publisher : U.S. Commodity Futures Trading Commission
Page : 196 pages
File Size : 40,8 Mb
Release : 2020-09-09
Category : Science
ISBN : 9780578748412

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Managing Climate Risk in the U.S. Financial System by Leonardo Martinez-Diaz,Jesse M. Keenan Pdf

This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Author : Arnold McIntyre,Ahmed El-Ashram,Marcio Ronci,Julien Reynaud,Ms.Natasha Xingyuan Che,Ke Wang,Mr.Sebastian Acevedo Mejia,Mr.Mark Scott Lutz
Publisher : International Monetary Fund
Page : 67 pages
File Size : 53,6 Mb
Release : 2016-03-08
Category : Business & Economics
ISBN : 9781513560748

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Caribbean Energy by Arnold McIntyre,Ahmed El-Ashram,Marcio Ronci,Julien Reynaud,Ms.Natasha Xingyuan Che,Ke Wang,Mr.Sebastian Acevedo Mejia,Mr.Mark Scott Lutz Pdf

High energy costs contribute to dampening Caribbean competitiveness and potential growth. This paper overviews power sector challenges and takes stock of national and regional strategies to address them. It presents recommendations to move the energy agenda forward based on analyses of macro-aspects of energy reform. These include: i) quantitative assessment of the impact of energy costs on growth and competitiveness; ii) evaluation of gains from implementing announced renewable energy and energy efficiency targets; and iii) analysis of the impact of energy investments on debt sustainability. The paper argues for a bigger role for the private sector in energy reform and discusses prerequisites for good public-private partnerships.

Author : Intergovernmental Panel on Climate Change (IPCC)
Publisher : Cambridge University Press
Page : 3070 pages
File Size : 46,7 Mb
Release : 2023-06-22
Category : Science
ISBN : 9781009445382

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Climate Change 2022 – Impacts, Adaptation and Vulnerability by Intergovernmental Panel on Climate Change (IPCC) Pdf

The Working Group II contribution to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change (IPCC) provides a comprehensive assessment of the scientific literature relevant to climate change impacts, adaptation and vulnerability. The report recognizes the interactions of climate, ecosystems and biodiversity, and human societies, and integrates across the natural, ecological, social and economic sciences. It emphasizes how efforts in adaptation and in reducing greenhouse gas emissions can come together in a process called climate resilient development, which enables a liveable future for biodiversity and humankind. The IPCC is the leading body for assessing climate change science. IPCC reports are produced in comprehensive, objective and transparent ways, ensuring they reflect the full range of views in the scientific literature. Novel elements include focused topical assessments, and an atlas presenting observed climate change impacts and future risks from global to regional scales. Available as Open Access on Cambridge Core.

Author : Thomas Bowen,Carlo del Ninno,Colin Andrews,Sarah Coll-Black,Kelly Johnson,Yasuhiro Kawasoe,Adea Kryeziu,Barry Maher,Asha Williams
Publisher : World Bank Publications
Page : 155 pages
File Size : 44,9 Mb
Release : 2020-06-12
Category : Political Science
ISBN : 9781464815751

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Adaptive Social Protection by Thomas Bowen,Carlo del Ninno,Colin Andrews,Sarah Coll-Black,Kelly Johnson,Yasuhiro Kawasoe,Adea Kryeziu,Barry Maher,Asha Williams Pdf

Adaptive social protection (ASP) helps to build the resilience of poor and vulnerable households to the impacts of large, covariate shocks, such as natural disasters, economic crises, pandemics, conflict, and forced displacement. Through the provision of transfers and services directly to these households, ASP supports their capacity to prepare for, cope with, and adapt to the shocks they face—before, during, and after these shocks occur. Over the long term, by supporting these three capacities, ASP can provide a pathway to a more resilient state for households that may otherwise lack the resources to move out of chronically vulnerable situations. Adaptive Social Protection: Building Resilience to Shocks outlines an organizing framework for the design and implementation of ASP, providing insights into the ways in which social protection systems can be made more capable of building household resilience. By way of its four building blocks—programs, information, finance, and institutional arrangements and partnerships—the framework highlights both the elements of existing social protection systems that are the cornerstones for building household resilience, as well as the additional investments that are central to enhancing their ability to generate these outcomes. In this report, the ASP framework and its building blocks have been elaborated primarily in relation to natural disasters and associated climate change. Nevertheless, many of the priorities identified within each building block are also pertinent to the design and implementation of ASP across other types of shocks, providing a foundation for a structured approach to the advancement of this rapidly evolving and complex agenda.

Author : Anonim
Publisher : Unknown
Page : 128 pages
File Size : 55,5 Mb
Release : 2018
Category : Electronic
ISBN : 9264064524

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WORLD ENERGY OUTLOOK 2018 by Anonim Pdf

Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Page : 692 pages
File Size : 51,9 Mb
Release : 2011-05-01
Category : Political Science
ISBN : 9781616405410

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The Financial Crisis Inquiry Report by Financial Crisis Inquiry Commission Pdf

The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Author : Mr.Benedict J. Clements,Mr.David Coady,Ms.Stefania Fabrizio,Mr.Sanjeev Gupta,Mr.Trevor Serge Coleridge Alleyne,Mr.Carlo A Sdralevich
Publisher : International Monetary Fund
Page : 390 pages
File Size : 55,9 Mb
Release : 2013-09-13
Category : Business & Economics
ISBN : 9781484339169

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Energy Subsidy Reform by Mr.Benedict J. Clements,Mr.David Coady,Ms.Stefania Fabrizio,Mr.Sanjeev Gupta,Mr.Trevor Serge Coleridge Alleyne,Mr.Carlo A Sdralevich Pdf

Energy subsidies are aimed at protecting consumers, however, subsidies aggravate fiscal imbalances, crowd out priority public spending, and depress private investment, including in the energy sector. This book provides the most comprehensive estimates of energy subsidies currently available for 176 countries and an analysis of “how to do” energy subsidy reform, drawing on insights from 22 country case studies undertaken by the IMF staff and analyses carried out by other institutions.

Author : OECD
Publisher : OECD Publishing
Page : 240 pages
File Size : 54,8 Mb
Release : 2015-07-03
Category : Electronic
ISBN : 9789264233294

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Aligning Policies for a Low-carbon Economy by OECD Pdf

This report produced in co-operation with the International Energy Agency (IEA), the International Transport Forum (ITF) and the Nuclear Energy Agency (NEA) identifies the misalignments between climate change objectives and policy and regulatory frameworks across a range of policy domains.

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
Page : 161 pages
File Size : 44,8 Mb
Release : 2019-10-01
Category : Technology & Engineering
ISBN : 9789292601973

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Future of wind by International Renewable Energy Agency IRENA Pdf

This study presents options to speed up the deployment of wind power, both onshore and offshore, until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.

Author : Mr. Thierry Tressel,Xiaodan Ding
Publisher : International Monetary Fund
Page : 54 pages
File Size : 52,8 Mb
Release : 2021-08-06
Category : Business & Economics
ISBN : 9781513590820

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Global Corporate Stress Tests—Impact of the COVID-19 Pandemic and Policy Responses by Mr. Thierry Tressel,Xiaodan Ding Pdf

Corporate sector vulnerabilities have been a central policy topic since the outset of the COVID-19 pandemic. In this paper, we analyze some 17,000 publicly listed firms in a sample of 24 countries, and assess their ability to withstand shocks induced by the pandemic to their liquidity, viability and solvency. For this purpose, we develop novel multi-factor sensitivity analysis and dynamic scenario-based stress test techniques to assess the impact of shocks on firm’s ability to service their debt, and on their liquidity and solvency positions. Applying the October 2020 WEO baseline and adverse scenarios, we find that a large share of publicly-listed firms become vulnerable as a result of the pandemic shock and additional borrowing needs to overcome cash shortfalls are large, while firm behavioral responses and policies substantially help overcome the impact of the shock in the near term. Looking forward, while interest coverage ratios tend to improve over time after the initial shock as earnings recover in line with projected macroeconomic conditions, liquidity needs remain substantial in many firms across countries and across industries, while insolvencies rise over time in specific industries. To inform policy debates, we offer an approach to a triage between viable and unviable firms, and find that the needs for liquidity support of viable firms remain important beyond 2020, and that medium-term debt restructuring needs and liquidations of firms may be substantial in the medium-term.

Author : Robert J. Johnston,Reed Blakemore,Randy Bell
Publisher : Unknown
Page : 128 pages
File Size : 47,9 Mb
Release : 2020-01-10
Category : Electronic
ISBN : 1619770857

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The Role of Oil and Gas Companies in the Energy Transition by Robert J. Johnston,Reed Blakemore,Randy Bell Pdf

Author : International Renewable Energy Agency IRENA
Publisher : International Renewable Energy Agency (IRENA)
Page : 344 pages
File Size : 40,9 Mb
Release : 2020-04-01
Category : Technology & Engineering
ISBN : 9789292602505

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Global Renewables Outlook: Energy Transformation 2050 by International Renewable Energy Agency IRENA Pdf

This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.