Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions
Global trajectories for reducing carbon emissions depend on the local adoption of alternatives to conventional energy sources, technologies, and urban development. Yet, decisions on which type of capital investments to make, made by local governmen...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/07/24840744/climate-informed-decisions-capital-investment-plan-mechanism-lowering-carbon-emissions http://hdl.handle.net/10986/22467 |
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okr-10986-22467 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
GREENHOUSE GAS REDUCTION TARGETS CARBON SOURCES ENERGY REDUCTIONS REGULATORY FRAMEWORK GREENHOUSE GAS ABATEMENT COST POWER PLANTS ECONOMIC GROWTH TEMPERATURE CARBON DIOXIDE FOSSIL FUELS AIR QUALITY ABSORPTION MONETARY ECONOMICS GAS TURBINES GREENHOUSE GAS EMISSIONS INCOME CARBON FINANCIAL RESOURCES WIND CLEAN ENERGY EMISSIONS COST‐BENEFIT ANALYSIS REVENUES PORTFOLIO CARBON SOURCES EMISSION COEFFICIENTS ATMOSPHERE CARBON‐INTENSITY ENERGY DATA MODELS GAS GLOBAL GREENHOUSE GAS GREENHOUSE GAS EMISSION GLOBAL GREENHOUSE GAS EMISSIONS CARBON ABATEMENT MARGINAL ABATEMENT SOLAR RADIATION GREENHOUSE GAS REDUCTION EMISSION REDUCTIONS AIR GREENHOUSE GAS CLIMATE‐PROTECTION GREENHOUSE GAS EMISSION INVENTORIES RADIATION ENERGY INFORMATION ADMINISTRATION CARBON FOOTPRINT FISCAL POLICIES CO2 POWER GENERATION EMISSION FACTOR EFFICIENCY GAINS ENERGY SOURCES ACCESS TO FINANCING WATER TREATMENT CAPACITY GHG CONSTRUCTION MATERIALS GLOBAL WARMING GREENHOUSE‐GAS MARKETS CARBON‐EMISSIONS CARBON ECONOMY CARBON EMISSIONS CLIMATE CHANGE CARBON SINK GAS EMISSIONS FUELS GREENHOUSE GAS ABATEMENT COST FINANCE GREENHOUSE GASES CARBON EMISSIONS LAND USE INVESTMENT DECISIONS EMISSIONS REDUCTIONS INFRASTRUCTURE INVESTMENT ENERGY CONSUMPTION GLOBAL GREENHOUSE GAS EMISSION GREENHOUSE CONSUMPTION ENERGY SECURITY ECOSYSTEM TAX CREDIT LEAD GREENHOUSE GAS ABATEMENT METHANE GAS CARBON EQUIVALENT POLICIES IPCC CLIMATE CHANGE GREENHOUSE GAS REDUCTIONS WATER TREATMENT GREENHOUSE GAS REDUCTION VALUE RESOURCE ECONOMICS ELECTRICITY WIND POWER CLIMATE EMISSION TARGETS DEMAND ABATEMENT FINANCIAL INSTRUMENTS FOREST SERVICE CARBON SUPPLY CLIMATE CHANGE MITIGATION EMISSION FACTORS SINK FOREST GREENHOUSE GAS ABATEMENT CATALYSTS CLIMATE PROTECTION MARGINAL ABATEMENT COST GLOBAL EMISSIONS ENERGY USE MARKET GREENHOUSE GAS REDUCTION TARGETS ECONOMIC THEORY ANTHROPOGENIC EMISSIONS POLICY EMISSIONS INVENTORIES GAS EMISSION GREENHOUSE GAS INVENTORIES ENERGY EFFICIENCY ENERGY DEMAND CARBON REDUCTIONS NATURAL GAS CAPITAL COST OPERATIONAL RESEARCH COMBUSTION ENERGY‐EFFICIENCY EMISSION COEFFICIENTS COAL FINANCIAL MARKETS ALLOCATION SUPPLY GAS‐EMISSIONS POWER PLANTS CARBON INVENTORIES GREENHOUSE GAS ABATEMENT COST LESS GREENHOUSE GAS INVENTORY INVESTMENTS FINANCIAL SUPPORT METHANE GREENHOUSE‐GAS‐EMISSIONS CARBON FOOTPRINT WIND TURBINES GLOBAL EMISSIONS RENEWABLE‐ENERGY RENEWABLE ENERGY GASES CAPITAL COSTS BENEFITS ENERGY |
| spellingShingle |
GREENHOUSE GAS REDUCTION TARGETS CARBON SOURCES ENERGY REDUCTIONS REGULATORY FRAMEWORK GREENHOUSE GAS ABATEMENT COST POWER PLANTS ECONOMIC GROWTH TEMPERATURE CARBON DIOXIDE FOSSIL FUELS AIR QUALITY ABSORPTION MONETARY ECONOMICS GAS TURBINES GREENHOUSE GAS EMISSIONS INCOME CARBON FINANCIAL RESOURCES WIND CLEAN ENERGY EMISSIONS COST‐BENEFIT ANALYSIS REVENUES PORTFOLIO CARBON SOURCES EMISSION COEFFICIENTS ATMOSPHERE CARBON‐INTENSITY ENERGY DATA MODELS GAS GLOBAL GREENHOUSE GAS GREENHOUSE GAS EMISSION GLOBAL GREENHOUSE GAS EMISSIONS CARBON ABATEMENT MARGINAL ABATEMENT SOLAR RADIATION GREENHOUSE GAS REDUCTION EMISSION REDUCTIONS AIR GREENHOUSE GAS CLIMATE‐PROTECTION GREENHOUSE GAS EMISSION INVENTORIES RADIATION ENERGY INFORMATION ADMINISTRATION CARBON FOOTPRINT FISCAL POLICIES CO2 POWER GENERATION EMISSION FACTOR EFFICIENCY GAINS ENERGY SOURCES ACCESS TO FINANCING WATER TREATMENT CAPACITY GHG CONSTRUCTION MATERIALS GLOBAL WARMING GREENHOUSE‐GAS MARKETS CARBON‐EMISSIONS CARBON ECONOMY CARBON EMISSIONS CLIMATE CHANGE CARBON SINK GAS EMISSIONS FUELS GREENHOUSE GAS ABATEMENT COST FINANCE GREENHOUSE GASES CARBON EMISSIONS LAND USE INVESTMENT DECISIONS EMISSIONS REDUCTIONS INFRASTRUCTURE INVESTMENT ENERGY CONSUMPTION GLOBAL GREENHOUSE GAS EMISSION GREENHOUSE CONSUMPTION ENERGY SECURITY ECOSYSTEM TAX CREDIT LEAD GREENHOUSE GAS ABATEMENT METHANE GAS CARBON EQUIVALENT POLICIES IPCC CLIMATE CHANGE GREENHOUSE GAS REDUCTIONS WATER TREATMENT GREENHOUSE GAS REDUCTION VALUE RESOURCE ECONOMICS ELECTRICITY WIND POWER CLIMATE EMISSION TARGETS DEMAND ABATEMENT FINANCIAL INSTRUMENTS FOREST SERVICE CARBON SUPPLY CLIMATE CHANGE MITIGATION EMISSION FACTORS SINK FOREST GREENHOUSE GAS ABATEMENT CATALYSTS CLIMATE PROTECTION MARGINAL ABATEMENT COST GLOBAL EMISSIONS ENERGY USE MARKET GREENHOUSE GAS REDUCTION TARGETS ECONOMIC THEORY ANTHROPOGENIC EMISSIONS POLICY EMISSIONS INVENTORIES GAS EMISSION GREENHOUSE GAS INVENTORIES ENERGY EFFICIENCY ENERGY DEMAND CARBON REDUCTIONS NATURAL GAS CAPITAL COST OPERATIONAL RESEARCH COMBUSTION ENERGY‐EFFICIENCY EMISSION COEFFICIENTS COAL FINANCIAL MARKETS ALLOCATION SUPPLY GAS‐EMISSIONS POWER PLANTS CARBON INVENTORIES GREENHOUSE GAS ABATEMENT COST LESS GREENHOUSE GAS INVENTORY INVESTMENTS FINANCIAL SUPPORT METHANE GREENHOUSE‐GAS‐EMISSIONS CARBON FOOTPRINT WIND TURBINES GLOBAL EMISSIONS RENEWABLE‐ENERGY RENEWABLE ENERGY GASES CAPITAL COSTS BENEFITS ENERGY Whittington, Jan Lynch, Catherine Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| relation |
Policy Research Working Paper;No. 7381 |
| description |
Global trajectories for reducing carbon
emissions depend on the local adoption of alternatives to
conventional energy sources, technologies, and urban
development. Yet, decisions on which type of capital
investments to make, made by local governments as part of
the normal budget cycle, typically do not incorporate
climate considerations. Furthermore, current academic and
professional literature specific to climate change draws
attention to decision-making tools that would require access
to technical expertise, data, and financial support that may
not be practical for cities in low- and middle-income
countries. Arguably, the methodologies most able to effect
this transformation will be those that are convenient and
affordable to administer, and that offer straight-forward
low carbon alternatives to traditional forms of
infrastructure investment. Current methodologies for capital
investment planning that do not take climate change into
consideration can result in prioritization of investments
that diverge from a low carbon path and a potential missed
opportunity to reap financial benefits from efficiency
gains. This paper concludes that relatively minor
alterations to common procedures can reveal the trade-offs
and local benefits of low carbon alternatives in the capital
investment planning process. This paper was written as an
input to the preparation of the Climate-Informed Capital
Investment Planning Guidebook, a how-to guide for local
government staff, which will be published in 2015. |
| format |
Working Paper |
| author |
Whittington, Jan Lynch, Catherine |
| author_facet |
Whittington, Jan Lynch, Catherine |
| author_sort |
Whittington, Jan |
| title |
Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| title_short |
Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| title_full |
Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| title_fullStr |
Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| title_full_unstemmed |
Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions |
| title_sort |
climate-informed decisions : the capital investment plan as a mechanism for lowering carbon emissions |
| publisher |
World Bank, Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2015/07/24840744/climate-informed-decisions-capital-investment-plan-mechanism-lowering-carbon-emissions http://hdl.handle.net/10986/22467 |
| _version_ |
1764451156299350016 |
| spelling |
okr-10986-224672021-04-23T14:04:09Z Climate-Informed Decisions : The Capital Investment Plan as a Mechanism for Lowering Carbon Emissions Whittington, Jan Lynch, Catherine GREENHOUSE GAS REDUCTION TARGETS CARBON SOURCES ENERGY REDUCTIONS REGULATORY FRAMEWORK GREENHOUSE GAS ABATEMENT COST POWER PLANTS ECONOMIC GROWTH TEMPERATURE CARBON DIOXIDE FOSSIL FUELS AIR QUALITY ABSORPTION MONETARY ECONOMICS GAS TURBINES GREENHOUSE GAS EMISSIONS INCOME CARBON FINANCIAL RESOURCES WIND CLEAN ENERGY EMISSIONS COST‐BENEFIT ANALYSIS REVENUES PORTFOLIO CARBON SOURCES EMISSION COEFFICIENTS ATMOSPHERE CARBON‐INTENSITY ENERGY DATA MODELS GAS GLOBAL GREENHOUSE GAS GREENHOUSE GAS EMISSION GLOBAL GREENHOUSE GAS EMISSIONS CARBON ABATEMENT MARGINAL ABATEMENT SOLAR RADIATION GREENHOUSE GAS REDUCTION EMISSION REDUCTIONS AIR GREENHOUSE GAS CLIMATE‐PROTECTION GREENHOUSE GAS EMISSION INVENTORIES RADIATION ENERGY INFORMATION ADMINISTRATION CARBON FOOTPRINT FISCAL POLICIES CO2 POWER GENERATION EMISSION FACTOR EFFICIENCY GAINS ENERGY SOURCES ACCESS TO FINANCING WATER TREATMENT CAPACITY GHG CONSTRUCTION MATERIALS GLOBAL WARMING GREENHOUSE‐GAS MARKETS CARBON‐EMISSIONS CARBON ECONOMY CARBON EMISSIONS CLIMATE CHANGE CARBON SINK GAS EMISSIONS FUELS GREENHOUSE GAS ABATEMENT COST FINANCE GREENHOUSE GASES CARBON EMISSIONS LAND USE INVESTMENT DECISIONS EMISSIONS REDUCTIONS INFRASTRUCTURE INVESTMENT ENERGY CONSUMPTION GLOBAL GREENHOUSE GAS EMISSION GREENHOUSE CONSUMPTION ENERGY SECURITY ECOSYSTEM TAX CREDIT LEAD GREENHOUSE GAS ABATEMENT METHANE GAS CARBON EQUIVALENT POLICIES IPCC CLIMATE CHANGE GREENHOUSE GAS REDUCTIONS WATER TREATMENT GREENHOUSE GAS REDUCTION VALUE RESOURCE ECONOMICS ELECTRICITY WIND POWER CLIMATE EMISSION TARGETS DEMAND ABATEMENT FINANCIAL INSTRUMENTS FOREST SERVICE CARBON SUPPLY CLIMATE CHANGE MITIGATION EMISSION FACTORS SINK FOREST GREENHOUSE GAS ABATEMENT CATALYSTS CLIMATE PROTECTION MARGINAL ABATEMENT COST GLOBAL EMISSIONS ENERGY USE MARKET GREENHOUSE GAS REDUCTION TARGETS ECONOMIC THEORY ANTHROPOGENIC EMISSIONS POLICY EMISSIONS INVENTORIES GAS EMISSION GREENHOUSE GAS INVENTORIES ENERGY EFFICIENCY ENERGY DEMAND CARBON REDUCTIONS NATURAL GAS CAPITAL COST OPERATIONAL RESEARCH COMBUSTION ENERGY‐EFFICIENCY EMISSION COEFFICIENTS COAL FINANCIAL MARKETS ALLOCATION SUPPLY GAS‐EMISSIONS POWER PLANTS CARBON INVENTORIES GREENHOUSE GAS ABATEMENT COST LESS GREENHOUSE GAS INVENTORY INVESTMENTS FINANCIAL SUPPORT METHANE GREENHOUSE‐GAS‐EMISSIONS CARBON FOOTPRINT WIND TURBINES GLOBAL EMISSIONS RENEWABLE‐ENERGY RENEWABLE ENERGY GASES CAPITAL COSTS BENEFITS ENERGY Global trajectories for reducing carbon emissions depend on the local adoption of alternatives to conventional energy sources, technologies, and urban development. Yet, decisions on which type of capital investments to make, made by local governments as part of the normal budget cycle, typically do not incorporate climate considerations. Furthermore, current academic and professional literature specific to climate change draws attention to decision-making tools that would require access to technical expertise, data, and financial support that may not be practical for cities in low- and middle-income countries. Arguably, the methodologies most able to effect this transformation will be those that are convenient and affordable to administer, and that offer straight-forward low carbon alternatives to traditional forms of infrastructure investment. Current methodologies for capital investment planning that do not take climate change into consideration can result in prioritization of investments that diverge from a low carbon path and a potential missed opportunity to reap financial benefits from efficiency gains. This paper concludes that relatively minor alterations to common procedures can reveal the trade-offs and local benefits of low carbon alternatives in the capital investment planning process. This paper was written as an input to the preparation of the Climate-Informed Capital Investment Planning Guidebook, a how-to guide for local government staff, which will be published in 2015. 2015-08-17T20:21:02Z 2015-08-17T20:21:02Z 2015-07 Working Paper http://documents.worldbank.org/curated/en/2015/07/24840744/climate-informed-decisions-capital-investment-plan-mechanism-lowering-carbon-emissions http://hdl.handle.net/10986/22467 English en_US Policy Research Working Paper;No. 7381 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |