Fiscal Policies for Development and Climate ActionPaperback / softback
Fiscal Policies for Development and Climate ActionPaperback / softback This report provides actionable advice on how to design and implement fiscal policies for both development and climate action.…
Specifikacia Fiscal Policies for Development and Climate ActionPaperback / softback
Fiscal Policies for Development and Climate ActionPaperback / softback
This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. Moreover, these reforms need not harm competitiveness. 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.
Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. It provides evidence that preventive public investments and measures to build fiscal buffers can help