Green Fiscal Policy
The Green Fiscal Policy Network works to facilitate knowledge sharing and dialogue on fiscal policies for an inclusive green economy.
G-20 Member Countries Support Fossil Fuels at Levels Untenable to Achieve Paris Agreement Goals (BloombergNEF, Bloomberg Philanthropies)
BloombergNEF and Bloomberg Philanthropies report reveals G-20 member countries have given more than $3.3 trillion in subsidies for coal, oil, gas, and fossil-fuel power from 2015-2019.
Latest Policy Brief
Focusing on lessons from the Heavily Indebted Poor Countries (HIPC) Initiative, established 25 years ago by the World Bank and IMF, this paper proposes a new international debt relief initiative, which prioritises investment in climate and nature, to get developing countries’ economies back on track post-pandemic.
This blog is based on a research paper published in “Marine Policy”. The authors suggest that the financing of the blue economy need to be specifically targeted for both public sector promoted large impact projects and individual private sector initiatives through the establishment of customized financing facilities.
The 3rd World Bank Tax Conference will bring together leading researchers and policy makers to discuss recent research on new tax instruments, including carbon taxes and other environmental taxes, taxes on the digital economy, and novel sin taxes such as taxes on carbonated drinks.
Senators introduced a plan on 19 July to tax iron, steel and other imports from countries without ambitious climate laws.
Every year, governments pay billions of dollars to their fishing industries to carry on fishing even though stocks are seriously depleted. The Geneva-based World Trade Organisation (WTO) is holding a ministerial conference on July 15 to seek an agreement on banning harmful fisheries subsidies, a main factor in overfishing.
Few countries in the region have tied green components to their stimulus packages, which contain some environmentally harmful measures. Green recovery policies and strategies can help put a country on the path to economic recovery while bringing environmental and sustainability benefits.