"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy

This paper discusses possible macroeconomic implications for low-income countries of increased revenue inflows that may follow from implementing certain global greenhouse gas mitigation policies. Such revenue sources include revenue from emissions offset mechanisms, direct investments, and financial...

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Bibliographic Details
Main Author:	Strand, Jon
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	World Development Report 2010
Online Access:	http://hdl.handle.net/10986/9032

id	okr-10986-9032
recordtype	oai_dc
spelling	okr-10986-90322021-04-23T14:02:44Z "Revenue Management" Effects Related to Financial Flows Generated by Climate Policy Strand, Jon World Development Report 2010 This paper discusses possible macroeconomic implications for low-income countries of increased revenue inflows that may follow from implementing certain global greenhouse gas mitigation policies. Such revenue sources include revenue from emissions offset mechanisms, direct investments, and financial transfers that form parts of possible future mitigation treaties. In the short run such revenue will come mainly from offset markets and donor-sponsored programs, with some additional financial inflows due to foreign direct investments. In the longer run, comprehensive global cap-and-trade or carbon tax schemes could provide a potentially much larger revenue flow to many low-income countries. The author argues that the macroeconomic implications of such flows are manageable in the short run, but the larger revenues resulting from global emissions schemes could overwhelm this capacity and lead to a number of potential macroeconomic management problems. 2012-06-26T15:35:07Z 2012-06-26T15:35:07Z 2010 http://hdl.handle.net/10986/9032 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Africa Europe and Central Asia Middle East and North Africa Latin America & Caribbean East Asia and Pacific South Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	World Development Report 2010
spellingShingle	World Development Report 2010 Strand, Jon "Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
geographic_facet	Africa Europe and Central Asia Middle East and North Africa Latin America & Caribbean East Asia and Pacific South Asia
description	This paper discusses possible macroeconomic implications for low-income countries of increased revenue inflows that may follow from implementing certain global greenhouse gas mitigation policies. Such revenue sources include revenue from emissions offset mechanisms, direct investments, and financial transfers that form parts of possible future mitigation treaties. In the short run such revenue will come mainly from offset markets and donor-sponsored programs, with some additional financial inflows due to foreign direct investments. In the longer run, comprehensive global cap-and-trade or carbon tax schemes could provide a potentially much larger revenue flow to many low-income countries. The author argues that the macroeconomic implications of such flows are manageable in the short run, but the larger revenues resulting from global emissions schemes could overwhelm this capacity and lead to a number of potential macroeconomic management problems.
author	Strand, Jon
author_facet	Strand, Jon
author_sort	Strand, Jon
title	"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
title_short	"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
title_full	"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
title_fullStr	"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
title_full_unstemmed	"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy
title_sort	"revenue management" effects related to financial flows generated by climate policy
publisher	Washington, DC: World Bank
publishDate	2012
url	http://hdl.handle.net/10986/9032
_version_	1764408203603345408

"Revenue Management" Effects Related to Financial Flows Generated by Climate Policy

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