Book

Fiscal policies for development and climate action

Pigato, Miria, editor

Overview

This report provides actionable advice on how to design and implement fiscal policies for both development and climate action. 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. Moreover, these reforms need not harm competitiveness. New empirical evidence from Indonesia and Mexico suggests that under certain conditions, raising fuel prices can actually increase firm productivity. Finally, the report discusses the role of fiscal policy in strengthening resilience to climate change. It provides evidence 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.

• Publisher: World Bank Group
• Subject: Sustainable development Government policy. / Climatic changes Economic aspects Government policy. / Environmental impact charges Government policy. / Natural disasters Economic aspects Government policy. / Fiscal policy Economic aspects.
• ISBN: 1464813582, 9781464813580

Item info:

1 item available

1 item total in all locations

Holdings :

Call Number	Copies	Material	Location
HC79.E5 F5148 2019	1	BOOK	AUTOSTORE