Macro-Fiscal Implications of Climate Change: The Case of Djibouti
Title | Macro-Fiscal Implications of Climate Change: The Case of Djibouti PDF eBook |
Author | Mr.Alexei P Kireyev |
Publisher | International Monetary Fund |
Pages | 30 |
Release | 2018-11-01 |
Genre | Business & Economics |
ISBN | 1484380819 |
This paper reviews the significant macro-fiscal challenges posed by climate change in Djibouti and the costs of mitigation and adaptation policies. The paper concludes that Djibouti is susceptible to climate change and related costs are potentially large. Investing now in adaptation and mitigation has large benefits in terms of reducing the related costs in the future. Reforms to generate the fiscal space are therefore needed and investment for mitigation and adaptation to climate change should be built into the long-term fiscal projections. Finally, concerted international efforts and stepping up regional cooperation could help moderate climate-related macro-fiscal risks.
Macro-Fiscal Implications of Climate Change: The Case of Djibouti
Title | Macro-Fiscal Implications of Climate Change: The Case of Djibouti PDF eBook |
Author | Mr.Alexei P Kireyev |
Publisher | International Monetary Fund |
Pages | 30 |
Release | 2018-11-01 |
Genre | Business & Economics |
ISBN | 148438265X |
This paper reviews the significant macro-fiscal challenges posed by climate change in Djibouti and the costs of mitigation and adaptation policies. The paper concludes that Djibouti is susceptible to climate change and related costs are potentially large. Investing now in adaptation and mitigation has large benefits in terms of reducing the related costs in the future. Reforms to generate the fiscal space are therefore needed and investment for mitigation and adaptation to climate change should be built into the long-term fiscal projections. Finally, concerted international efforts and stepping up regional cooperation could help moderate climate-related macro-fiscal risks.
Macro-Fiscal Implications of Adaptation to Climate Change
Title | Macro-Fiscal Implications of Adaptation to Climate Change PDF eBook |
Author | Mr. Zamid Aligishiev |
Publisher | International Monetary Fund |
Pages | 46 |
Release | 2022-03-23 |
Genre | Business & Economics |
ISBN |
Adaptation to climate change is an integral part of sustainable development and a necessity for advanced and developing economies alike. How can adaptation be planned for and mainstreamed into fiscal policy? Setting up inclusive coordination mechanisms and strengthening legal foundations to incorporate climate change can be a prerequisite. This Note identifies four building blocks: 1. Taking stock of present and future climate risks, identifying knowledge and capacity gaps, and establishing guidance for next steps. 2. Developing adaptation solutions. This block can be guided by extending the IMF three-pillar disaster resilience strategy to address changes in both extreme and average weather and would cover the prevention of risks, the alleviation of residual risks, and macro-fiscal resilience. 3. Mainstreaming these solutions into government operations. This requires strengthening public financial management institutions by factoring climate risks and adaptation plans into budgets and macro-frameworks, and in the management of public investment, assets and liabilities. 4. Providing for transparent evaluations to inform future plans. This involves continually monitoring progress and regularly updating adaptation plans.
Toward Gender-responsive and Technology-oriented Disaster Management in Eastern Africa
Title | Toward Gender-responsive and Technology-oriented Disaster Management in Eastern Africa PDF eBook |
Author | Kerubo Nyasimi, Mary |
Publisher | UNESCO Publishing |
Pages | 165 |
Release | 2022-03-19 |
Genre | Political Science |
ISBN | 9231005146 |
Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature
Title | Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature PDF eBook |
Author | Signe Krogstrup |
Publisher | International Monetary Fund |
Pages | 58 |
Release | 2019-09-04 |
Genre | Business & Economics |
ISBN | 1513511955 |
Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.
The Regional Impacts of Climate Change
Title | The Regional Impacts of Climate Change PDF eBook |
Author | Intergovernmental Panel on Climate Change. Working Group II. |
Publisher | Cambridge University Press |
Pages | 532 |
Release | 1998 |
Genre | Science |
ISBN | 9780521634557 |
Cambridge, UK : Cambridge University Press, 1998.
Dealing with the Challenges of Macro Financial Linkages in Emerging Markets
Title | Dealing with the Challenges of Macro Financial Linkages in Emerging Markets PDF eBook |
Author | Otaviano Canuto |
Publisher | World Bank Publications |
Pages | 307 |
Release | 2013-10-29 |
Genre | Business & Economics |
ISBN | 1464800030 |
This book deals with the challenges of macro financial linkages in the emerging markets.