Blogs
New IMF Guidance on Green PFM
The urgency and cross-cutting nature of climate change requires an adaptation of existing public financial management (PFM) practices to ensure that climate concerns are taken into consideration at every step
How Fiscal Policy Can Help Middle East, Central Asia Reduce Emissions
Early rollout of climate-mitigation strategies will help countries meet their Paris Agreement commitments and smooth the low-carbon transition Nearly all 32 countries in the Middle East and Central Asia have
Monetary Policy For The Climate? A Money View Perspective On Green Central Banking
Central banks can potentially influence the investment decisions of private financial institutions, which in turn will create incentives towards green technology adoption and development of lower emission business models. This
How can we use fiscal policy to combat the effects of extreme weather events?
Featured Article: What are the fiscal risks from extreme weather events and how can we deal with them? By Luis Alejos Focus region: Latin America and the Caribbean Latin America
Greening Fiscal Policy: Essential to Reversing Environmental Degradation
Current approaches to environmental stewardship are demonstrably failing given the existential threats of climate change and biodiversity loss. Many factors contribute to global environmental degradation, but one that has received relatively little attention is the lack of government transparency and accountability for environmental stewardship compared to other policy domains, and the systematically weak integration of environmental stewardship into overall government strategy and target setting.
Can fiscal instruments turn a crisis into opportunity?
The response to COVID-19 has not been commensurate with the magnitude of the climate crisis. Besides green investment, which fiscal instruments can engender a process of structural change leading to a more sustainable growth model?
