European University Institute Library

Fiscal policies for development and climate action, Miria A. Pigato, editor

eng

Includes bibliographical references

international or intergovernmental publication

mapsillustrations

no index present

non fiction

Fiscal policies for development and climate action

bibliography

1089806760

Miria A. Pigato, editor

International development in focus

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. --, Provided by publisher

Benefits beyond climate: environmental tax reform / Dirk Heine, Simon Black -- Staying competitive: productivity effects of environmental taxes / Antoine Coste, Massimiliano Cali, Nicola Cantore, Dirk Heine -- Increasing resilience: fiscal policy for climate adaptation / Lorenzo Forni, Michele Catalano, Emilia Pezzolla -- Managing the fiscal risks associated with natural disasters / Philip Schuler, Luiz Edgard Oliveira, Gianluca Mele, Matias Antonio