Fiscal Policies for Development and Climate Action

Fiscal Policies for Development and Climate Action

Fiscal policies can lay the foundation for low-carbon and climate-resilient development. Building on more than two decades of research in development and environmental economics, this book argues that fiscal instruments are crucial for mitigating and adapting to climate change while raising huma...

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Bibliographic Details
Main Author: Pigato, Miria A.
Format: Book
Language:English
Published: Washington, DC: World Bank 2018
Subjects:
FISCAL POLICY
POLICIES
RISK
NATURAL DISASTER
ADAPTATION
ACTION
TAX
ENVIRONMENTAL PROTECTION
CLIMATE CHANGE
MITIGATION
ENVIRONMENTAL TAX
TAX REFORM
CLIMATE ACTION
CLIMATE CHANGE ADAPTATION
RESILIENCE
CLIMATE RESILIENCE
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/340601545406276579/fiscal-policies-for-development-and-climate-action
http://hdl.handle.net/10986/31051
id okr-10986-31051
recordtype oai_dc
spelling okr-10986-310512021-04-23T14:05:00Z Fiscal Policies for Development and Climate Action Pigato, Miria A. Pigato, Miria A. FISCAL POLICY POLICIES RISK NATURAL DISASTER ADAPTATION ACTION TAX ENVIRONMENTAL PROTECTION CLIMATE CHANGE MITIGATION ENVIRONMENTAL TAX TAX REFORM CLIMATE ACTION CLIMATE CHANGE ADAPTATION RESILIENCE CLIMATE RESILIENCE Fiscal policies can lay the foundation for low-carbon and climate-resilient development. Building on more than two decades of research in development and environmental economics, this book argues that fiscal instruments are crucial for mitigating and adapting to climate change while raising human welfare. By implementing environmental tax reforms, developing countries can reap a “triple dividend”: cutting pollution, raising economic activity, and generating development cobenefits, such as cleaner water, safer roads, and improvements in human health. These reforms need not harm competitiveness. Empirical evidence, including from Indonesia and Mexico, suggests that raising fuel prices can increase firm productivity. In addition, risk management strategies are needed to bolster economic resilience to climate-induced natural disasters. Modelling suggests 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. 2018-12-20T19:27:59Z 2018-12-20T19:27:59Z 2019 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/340601545406276579/fiscal-policies-for-development-and-climate-action 978-1-4648-1358-0 http://hdl.handle.net/10986/31051 English International Development in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Dominican Republic Jamaica
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FISCAL POLICY
POLICIES
RISK
NATURAL DISASTER
ADAPTATION
ACTION
TAX
ENVIRONMENTAL PROTECTION
CLIMATE CHANGE
MITIGATION
ENVIRONMENTAL TAX
TAX REFORM
CLIMATE ACTION
CLIMATE CHANGE ADAPTATION
RESILIENCE
CLIMATE RESILIENCE
spellingShingle FISCAL POLICY
POLICIES
RISK
NATURAL DISASTER
ADAPTATION
ACTION
TAX
ENVIRONMENTAL PROTECTION
CLIMATE CHANGE
MITIGATION
ENVIRONMENTAL TAX
TAX REFORM
CLIMATE ACTION
CLIMATE CHANGE ADAPTATION
RESILIENCE
CLIMATE RESILIENCE
Pigato, Miria A.
Fiscal Policies for Development and Climate Action
geographic_facet Dominican Republic
Jamaica
relation International Development in Focus;
description Fiscal policies can lay the foundation for low-carbon and climate-resilient development. Building on more than two decades of research in development and environmental economics, this book argues that fiscal instruments are crucial for mitigating and adapting to climate change while raising human welfare. By implementing environmental tax reforms, developing countries can reap a “triple dividend”: cutting pollution, raising economic activity, and generating development cobenefits, such as cleaner water, safer roads, and improvements in human health. These reforms need not harm competitiveness. Empirical evidence, including from Indonesia and Mexico, suggests that raising fuel prices can increase firm productivity. In addition, risk management strategies are needed to bolster economic resilience to climate-induced natural disasters. Modelling suggests 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.
author2 Pigato, Miria A.
author_facet Pigato, Miria A.
Pigato, Miria A.
format Book
author Pigato, Miria A.
author_sort Pigato, Miria A.
title Fiscal Policies for Development and Climate Action
title_short Fiscal Policies for Development and Climate Action
title_full Fiscal Policies for Development and Climate Action
title_fullStr Fiscal Policies for Development and Climate Action
title_full_unstemmed Fiscal Policies for Development and Climate Action
title_sort fiscal policies for development and climate action
publisher Washington, DC: World Bank
publishDate 2018
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/340601545406276579/fiscal-policies-for-development-and-climate-action
http://hdl.handle.net/10986/31051
_version_ 1764473508580032512

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