The Political Economy Of Climate Finance Lessons From International Development
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The Political Economy of Climate Finance by Corrine Cash,Larry A. Swatuk Pdf
This project breaks disciplinary silos by bringing those who work in climate finance and policy together with development scholars and practitioners to share lessons, understanding, and research with an overall goal of making a contribution to the climate change field so that those at the community level benefit from the multitude of programmes designed for climate impacts. For some 70 years, International Development specialists have been developing programs and delivering funds to those who most need assistance. There is a wealth of knowledge to be uncovered by examining the international development industry for those who are now tasked with delivering climate finance. The academic, policy, and practitioner communities have spent decades researching, examining, and analyzing both development policies and finance independent of each. This volume will seek to bring that research together. Corrine Cash is Assistant Professor in Geography and Environment at Mount Allison University, Canada. Larry Swatuk is Professor in the School of Environment, Enterprise and Development, University of Waterloo, Canada.
The Political Economy of Low Carbon Resilient Development by Susannah Fisher,Neha Rai Pdf
Over the last decade, policies and financing decisions aiming to support low carbon resilient development within the least developed countries have been implemented across several regions. Some governments are steered by international frameworks, such as the UN Framework Convention on Climate Change (UNFCCC), while others take their own approach to planning and implementing climate resilient actions. Within these diverse approaches however, there are unspoken assumptions and normative assessments of what the solutions to climate change are, who the most appropriate actors are and who should benefit from these actions. This book examines the political economy dynamics or the underlying values, knowledge, discourses, resources and power relationships behind decisions that support low carbon resilient development in the least developed countries. While much has been written on the politics of climate change, this book will focus on the political economy of national planning and the ways in which the least developed countries are moving from climate resilient planning to implementation. The book will use empirical evidence of low carbon resilient development planning in four countries: Bangladesh, Ethiopia, Rwanda and Nepal. Different approaches to low carbon resilience are critically analysed based on detailed analysis of key policy areas. This book will be of great interest to policy makers, practitioners’ students and scholars of climate change and sustainable development.
The Political Economy of Climate Finance Effectiveness in Developing Countries by Mark Purdon Pdf
In The Political Economy of Climate Finance Effectiveness in Developing Countries, Mark Purdon contributes to broader debates on the international climate cooperation by evaluating how three different climate finance instruments have been undertaken in three countries--Tanzania, Uganda, and Moldova--and evaluates their effectiveness in actually reducing emissions. He shows that the effectiveness of climate finance tools depends on the interaction between a nation's development policy paradigms and its interests in other sectors of their economies. Purdon's findings further inform the design of international and transnational efforts to engage developing countries on climate change mitigation by emphasizing the importance of domestic politics and the state.
The Political Economy of Climate Finance: Lessons from International Development by Corrine Cash,Larry A. Swatuk Pdf
This project breaks disciplinary silos by bringing those who work in climate finance and policy together with development scholars and practitioners to share lessons, understanding, and research with an overall goal of making a contribution to the climate change field so that those at the community level benefit from the multitude of programmes designed for climate impacts. For some 70 years, International Development specialists have been developing programs and delivering funds to those who most need assistance. There is a wealth of knowledge to be uncovered by examining the international development industry for those who are now tasked with delivering climate finance. The academic, policy, and practitioner communities have spent decades researching, examining, and analyzing both development policies and finance independent of each. This volume will seek to bring that research together.
Climate Finance as an Instrument to Promote the Green Growth in Developing Countries by Antonio A. Romano,Giuseppe Scandurra,Alfonso Carfora,Monica Ronghi Pdf
This book analyses the effectiveness of climate finance as political instrument to reduce the effect of anthropogenic activities on climate change and promote the green growth in developing countries. The book highlights that close attention should also be paid to the analysis of political contexts in a broad sense. Particularly focusing on the international negotiations process that enables the direction of funds toward specific needs and priorities and the issue of access to electricity. For example, the difficulties that developing countries face when trying to improve their green economic development without access to carbon remains a matter of the utmost importance and urgency for many developing countries that lack significant aid from developed countries. This book will be of interest to a wide body of academics and practitioners in climate change and energy policies. Moreover, this project is a valid instrument for students in energy policies and climate programs.
The Political Economy of the Low-Carbon Transition by Peadar Kirby,Tadhg O’Mahony Pdf
This book addresses the global need to transition to a low-carbon society and economy by 2050. The authors interrogate the dominant frames used for understanding this challenge and the predominant policy approaches for achieving it. Highlighting the techno-optimism that informs our current understanding and policy options, Kirby and O’Mahony draw on the lessons of international development to situate the transition within a political economy framework. Assisted by thinking on future scenarios, they critically examine the range of pathways being implemented by both developed and developing countries, identifying the prevailing forms of climate capitalism led by technology. Based on evidence that this is inadequate to achieve a low-carbon and sustainable society, the authors identify an alternative approach. This advance emerges from community initiatives, discussions on postcapitalism and debates about wellbeing and degrowth. The re-positioning of society and environment at the core of development can be labelled “ecosocialism” – a concept which must be tempered against the conditions created by Trumpism and Brexit.
Climate and Social Justice by Zaheer Allam,Ali Cheshmehzangi,David S. Jones Pdf
This book offers a fresh perspective on the historical, economic, and cultural foundations of capitalism, cities, and climate change. By exploring the intersection of urbanization, consumerism, and colonialism, the book sheds new light on the origins and development of the economic system that has shaped our world today. What sets this book apart is its unique approach, which challenges conventional wisdom and offers new insights into the complex relationships between culture, politics, and economics. The book is intended for readers interested in the history and evolution of capitalism and its impact on society, as well as those interested in climate change and urbanization. The content level is accessible for general readers, yet sophisticated enough to appeal to scholars and researchers. The two most important features of the book are its fresh perspective on the history of mercantilism and its examination of the economic landscape of cities and climate change. By reading this book, readers gain a deeper understanding of the complex relationships between urbanization, colonialism, and economic policies, and their impact on contemporary society.
Author : The World Bank Publisher : World Bank Publications Page : 146 pages File Size : 45,7 Mb Release : 2023-10-17 Category : Business & Economics ISBN : 9781464819971
To address the myriad challenges posed by global climate change, countries at all income levels have put in place a diverse set of policies over the past three decades. Many governments have already made significant progress in their efforts to decarbonize, creating a rich history of implementation experiences that provides important lessons for how to successfully advance climate policy goals in a variety of different economic, cultural, and political contexts. Despite this progress, the transition to a net zero future continues to face significant barriers, including the need for large investment, a lack of institutional capacity, and challenging political economy issues. Reality Check: Lessons from 25 Policies Advancing a Low-Carbon Future identifies key policy approaches that countries are taking to decarbonize their economies. The report classifies policies into five categories: • Planning for a future with zero net emissions • Getting the pricing and taxes right • Facilitating and triggering transitions in key systems, such as energy and food • Getting the finance flowing, particularly by incentivizing private sector investment • Ensuring a just transition that protects the poor. Reality Check: Lessons from 25 Policies Advancing a Low-Carbon Future fills a critical research gap by documenting low-carbon policy trends and providing a series of case studies across sectors and geographies. The 25 case studies furnish country contexts and policy details, examine results and impacts, and outline key takeaways and lessons learned for enabling further ambition in achieving emissions reductions. The report contributes to an evolving analytical agenda on how to reduce carbon emissions while achieving economic development and the strategic transition to a greener, more resilient, and more inclusive future.
The Economisation of Climate Change by Jakob Skovgaard Pdf
"The year 2019 saw the emergence of an unlikely duo consisting of the Managing Director of the International Monetary Fund (IMF) Christine Lagarde1 and broadcaster and environmentalist Sir David Attenborough. They discussed the relationship between nature and the economy in a panel session, a podcast and an article (Attenborough and Lagarde, 2019, Atttenborough and Lagarde, 2019). In the latter, they stated 'We must treat the natural world as we would the economic world ... This is something economists can appreciate - the importance of minimizing waste, taking advantage of efficiencies, and accurately reflecting costs in prices, including costs imposed on our entire shared resource, the environment'. Elsewhere the same year, Lagarde also stated the importance of nature and of the existential threat of climate change and called for carbon pricing and fossil fuel subsidy reform as solutions to the climate crisis (Lagarde and Gaspar, 2019). This was notable coming from the Managing Director of an international institution focused on economic issues and criticised for ignoring other issues than economic growth and stability. The statement highlighted a wider trend of climate change being addressed within institutions concerned with economic issues"--
Within Reach by Stephane Hallegatte,Catrina Godinho,Jun Rentschler,Paolo Avner,Camilla Knudsen,Jana Lemke,Penny Mealy Pdf
Climate change presents a unique challenge in that policy makers need to balance the speed and scale required to achieve global objectives within the time required to ensure political acceptability and social sustainability. Within Reach: Navigating the Political Economy of Decarbonization identifies the key political economy barriers and explores the options to address them through four key recommendations: * Climate governance: strategically adapt the institutional architecture and embed climate objectives into a positive development narrative. Strategic governance institutions that reflect societal goals--such as climate change framework laws, longterm strategies, or just transition frameworks--can alter the political economy, set clear objectives, facilitate coordination across actors, and help monitor progress and hold decision-makers accountable. * Policy sequencing: balance short-term feasibility and long-term ambition. Because the political economy and institutional context are dynamic and can be influenced by policies, policy makers can select their priorities, not only to make policy implementation feasible but also to actively build capacity and change the political economy and institutional context, building momentum toward the long-term objective and transformation. * Policy design: focus on people and manage the distributional effects of climate policies. Climate policies have heterogenous impacts across households, sectors, and locations. Active labor policies, reskilling programs, compensations and transfers, place-based policies, and green industrial policies can be used to protect vulnerable populations, facilitate a just transition, and make policies more acceptable and sustainable. * Policy process: use public engagement and communication to improve design and legitimacy. Civic engagement can improve a policy's design, enhance legitimacy, foster compromise, and help identify unintended consequences early. Effective communication can make reforms more accessible to the public and increase support. This book shows how appropriate governance frameworks, strong institutional capacity, well-designed policies with adequate compensation measures, and early engagement with all stakeholders are essential strategic elements to building consensus and momentum for transformative policies. By deploying these tools, policy makers can navigate the urgency in climate action and its political economy challenges to achieve their long-term climate goals and secure a livable planet.
Review of the Climate Macroeconomic Assessment Program Pilots by International Monetary Fund. Fiscal Affairs Dept.,International Monetary Fund. Strategy, Policy, & Review Department Pdf
This paper reviews the two Climate Macroeconomic Assessment Program (CMAP) pilots and proposes a way forward. It builds on the experience of the previous six Climate Change Policy Assessment (CCPA) pilots, and the recent rollout of the World Bank’s Country Climate and Development Report (CCDR). It also accounts for early experience with countries requesting support under the Fund’s Resilience and Sustainability Trust (RST). Based on the lessons from pilots and recent developments, staff proposes to streamline the CMAP to focus on the Fund’s comparative advantages in the areas of mitigation, PFM and macro-fiscal impact of climate change policies, provide a streamlined CMAP in exceptional circumstances, and expand more targeted CD in particular in support of RSF countries. This focused and tailored approach would benefit members as it is more agile, allows the Fund to serve more members within the same resource envelope and enhance synergies with other Fund products and the World Bank’s CCDR.
Climate Finance: Theory And Practice by Markandya Anil,Galarraga Ibon,Rubbelke Dirk T G Pdf
How is the struggle against climate change financed? Climate Finance: Theory and Practice gives an overview of the key debates that have emerged in the field of climate finance, including those concerned with efficiency, equity, justice, and contribution to the public good between developed and developing countries. With the collaboration of internationally renowned experts in the field of climate finance, the authors of this book highlight the importance of climate finance, showing the theoretical aspects that influence it, and some practices that are currently being implemented or have been proposed to finance mitigation and adaptation policies in the developed and developing world.
Development Aid and Adaptation to Climate Change in Developing Countries by Carola Betzold,Florian Weiler Pdf
This book examines development aid for climate change adaptation. Increasing amounts of aid are used to help developing countries adapt to climate change. The authors seek to discover how this aid is distributed and what constitutes the patterns of adaptation-aid giving. Does it help vulnerable countries, as donors promise, or does it help donors achieve economic and political gains? Set against the backdrop of international climate change negotiations and the aid allocation literature, Betzold and Weiler’s empirical analysis proceeds in three steps: firstly they assess adaptation aid as reported by the OECD, then statistically examine patterns in adaptation aid allocation, and finally qualitatively investigate adaptation aid in three large climate donors: Germany, Sweden and the United Kingdom. With its mixed-method research design and comprehensive data, this work provides a unique, state-of-the-art analysis of adaptation aid as a new stream of development aid.
The Political Economy of Development and Climate Policy-prospects and Challenges for an Emission Trading Scheme as Development and Climate Policy Tool by Andreas Freytag,Matthias Menter,Jan Hauke Montag,Sebastian Schuhmann Pdf
Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects have been a common practice in the development field. Empirical evidence suggests that the effectiveness has remained disappointing. Consequently, many developing countries face governance problems affecting their ability to master challenges associated with climate change. Current trends in international climate cooperation follow a similar approach. Political efforts may prove insufficient to meet climate objectives if similar deficiencies occur in climate cooperation. Applying a political economy approach, this paper provides a critical assessment of current practices in international development and climate policies highlighting the observed deficiencies in development and potential implications for climate cooperation. Acknowledging the interlinkages and linking development and climate change policies, could increase the effectiveness and efficiency of political efforts. The paper, furthermore, discusses market-based instruments, especially Emission Trading Schemes as policy alternatives as well as the potential merits for circumventing and solving institutional problems experienced in climate cooperation. We discuss the political economic challenges affecting the implementation and operation of (a global) scheme.
