Fiscal Policy Options To Accelerate Emissions Reductions In

Author : Nate Vernon
Publisher : International Monetary Fund
Page : 41 pages
File Size : 45,9 Mb
Release : 2023-03-02
Category : Business & Economics
ISBN : 9798400235795

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Fiscal Policy Options to Accelerate Emissions Reductions in by Nate Vernon Pdf

Belgium’s current policies fall short of achieving its climate targets and promoting emissions reductions at limited economic costs. We recommend that domestic carbon pricing form the centerpiece of an emissions reduction package, as pricing promotes mitigation at the lowest economic cost, can be phased in as international energy prices fall, and generates revenue to compensate vulnerable households and reduce taxes on productive activities. Sectoral policies, such as subsidy-tax schemes to promote low emissions vehicles, should reinforce carbon pricing and regional efforts, while the social protection system can be made more efficient and environmentally friendly by switching from energy subsidies to income-based support. Belgium should also promote dialogue at the EU-level to harmonize ETS prices and include all sectors under a single trading scheme.

Author : Ruud A. de Mooij,Mr.Michael Keen,Ian W.H. Parry
Publisher : International Monetary Fund
Page : 218 pages
File Size : 54,6 Mb
Release : 2012-06-15
Category : Business & Economics
ISBN : 9781475508383

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Fiscal Policy to Mitigate Climate Change by Ruud A. de Mooij,Mr.Michael Keen,Ian W.H. Parry Pdf

Efforts to control atmospheric accumulations of greenhouse gases that threaten to heat up the planet are in their infancy. Although the IMF is not an environmental organization, environmental issues matter for its mission when they have major implications for macroeconomic performance and fiscal policy. Climate change clearly passes both these tests.

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 : 50,5 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 : Mark Jaccard
Publisher : Cambridge University Press
Page : 307 pages
File Size : 40,8 Mb
Release : 2020-02-06
Category : Business & Economics
ISBN : 9781108479370

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The Citizen's Guide to Climate Success by Mark Jaccard Pdf

Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 257 pages
File Size : 52,7 Mb
Release : 2015-04-20
Category : Business & Economics
ISBN : 9781498344654

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Fiscal Policy and Long-Term Growth by International Monetary Fund Pdf

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.

Author : Mr. Simon Black,Ian W.H. Parry,Mr. Victor Mylonas,Nate Vernon,Karlygash Zhunussova
Publisher : International Monetary Fund
Page : 73 pages
File Size : 45,8 Mb
Release : 2023-06-23
Category : Business & Economics
ISBN : 9798400242342

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The IMF-World Bank Climate Policy Assessment Tool (CPAT): A Model to Help Countries Mitigate Climate Change by Mr. Simon Black,Ian W.H. Parry,Mr. Victor Mylonas,Nate Vernon,Karlygash Zhunussova Pdf

To stabilize the climate, global greenhouse gas emissions must be cut by 25 to 50 percent by 2030 compared to 2019. Such an unprecedented rate of decarbonization necessitates climate mitigation policies across countries, notably carbon pricing, fossil fuel subsidy reform, renewable subsidies, feebates, emission rate regulations, and public investments. To design and implement effective, efficient, and equitable policies, governments need tools to assess economic, environmental, fiscal, and social impacts. To support this effort, the IMF and World Bank are making their joint Climate Policy Assessment Tool (CPAT) available to governments. CPAT is a transparent, flexible, and user-friendly model covering over 200 countries. It allows for the rapid quantification of impacts of climate mitigation policies, including on energy demand, prices, emissions, revenues, welfare, GDP, households and industries, local air pollution and health, and many other metrics. This paper describes the CPAT model, its data sources, key assumptions, and caveats.

Author : Signe Krogstrup,William Oman
Publisher : International Monetary Fund
Page : 58 pages
File Size : 49,9 Mb
Release : 2019-09-04
Category : Business & Economics
ISBN : 9781513511955

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Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature by Signe Krogstrup,William Oman Pdf

Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.

Author : International Monetary,International Monetary Fund. European Dept.
Publisher : International Monetary Fund
Page : 73 pages
File Size : 44,8 Mb
Release : 2023-03-02
Category : Business & Economics
ISBN : 9798400237515

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Belgium by International Monetary,International Monetary Fund. European Dept. Pdf

Belgium: Selected Issues

Author : Arild Angelsen
Publisher : CIFOR
Page : 172 pages
File Size : 42,6 Mb
Release : 2008-01-01
Category : Climatic changes
ISBN : 9789791412766

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Moving Ahead with REDD: Issues, Options and Implications by Arild Angelsen Pdf

Author : National Research Council,Division on Engineering and Physical Sciences,Board on Energy and Environmental Systems,Committee on Transitions to Alternative Vehicles and Fuels
Publisher : National Academies Press
Page : 395 pages
File Size : 55,5 Mb
Release : 2013-04-14
Category : Science
ISBN : 9780309268523

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Transitions to Alternative Vehicles and Fuels by National Research Council,Division on Engineering and Physical Sciences,Board on Energy and Environmental Systems,Committee on Transitions to Alternative Vehicles and Fuels Pdf

For a century, almost all light-duty vehicles (LDVs) have been powered by internal combustion engines operating on petroleum fuels. Energy security concerns about petroleum imports and the effect of greenhouse gas (GHG) emissions on global climate are driving interest in alternatives. Transitions to Alternative Vehicles and Fuels assesses the potential for reducing petroleum consumption and GHG emissions by 80 percent across the U.S. LDV fleet by 2050, relative to 2005. This report examines the current capability and estimated future performance and costs for each vehicle type and non-petroleum-based fuel technology as options that could significantly contribute to these goals. By analyzing scenarios that combine various fuel and vehicle pathways, the report also identifies barriers to implementation of these technologies and suggests policies to achieve the desired reductions. Several scenarios are promising, but strong, and effective policies such as research and development, subsidies, energy taxes, or regulations will be necessary to overcome barriers, such as cost and consumer choice.

Author : Miria A. Pigato
Publisher : World Bank Publications
Page : 240 pages
File Size : 55,8 Mb
Release : 2018-12-31
Category : Business & Economics
ISBN : 1464813582

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Fiscal Policies for Development and Climate Action by Miria A. Pigato Pdf

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.

Author : OECD
Publisher : OECD Publishing
Page : 240 pages
File Size : 51,9 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 : Anonim
Publisher : World Business Pub.
Page : 0 pages
File Size : 52,7 Mb
Release : 2004
Category : Business enterprises
ISBN : 1569735689

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The Greenhouse Gas Protocol by Anonim Pdf

The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

Author : Baoping Shang
Publisher : International Monetary Fund
Page : 32 pages
File Size : 50,9 Mb
Release : 2021-06-25
Category : Business & Economics
ISBN : 9781513573397

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The Poverty and Distributional Impacts of Carbon Pricing: Channels and Policy Implications by Baoping Shang Pdf

Addressing the poverty and distributional impacts of carbon pricing reforms is critical for the success of ambitious actions in the fight against climate change. This paper uses a simple framework to systematically review the channels through which carbon pricing can potentially affect poverty and inequality. It finds that the channels differ in important ways along several dimensions. The paper also identifies several key gaps in the current literature and discusses some considerations on how policy designs could take into account the attributes of the channels in mitigating the impacts of carbon pricing reforms on households.

Author : Arild Angelsen
Publisher : CIFOR
Page : 390 pages
File Size : 51,9 Mb
Release : 2009-01-01
Category : Climatic changes
ISBN : 9786028693035

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Realising REDD+ by Arild Angelsen Pdf

REDD+ must be transformational. REDD+ requires broad institutional and governance reforms, such as tenure, decentralisation, and corruption control. These reforms will enable departures from business as usual, and involve communities and forest users in making and implementing policies that a ect them. Policies must go beyond forestry. REDD+ strategies must include policies outside the forestry sector narrowly de ned, such as agriculture and energy, and better coordinate across sectors to deal with non-forest drivers of deforestation and degradation. Performance-based payments are key, yet limited. Payments based on performance directly incentivise and compensate forest owners and users. But schemes such as payments for environmental services (PES) depend on conditions, such as secure tenure, solid carbon data and transparent governance, that are often lacking and take time to change. This constraint reinforces the need for broad institutional and policy reforms. We must learn from the past. Many approaches to REDD+ now being considered are similar to previous e orts to conserve and better manage forests, often with limited success. Taking on board lessons learned from past experience will improve the prospects of REDD+ e ectiveness. National circumstances and uncertainty must be factored in. Di erent country contexts will create a variety of REDD+ models with di erent institutional and policy mixes. Uncertainties about the shape of the future global REDD+ system, national readiness and political consensus require  exibility and a phased approach to REDD+ implementation.