Blogs
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?
Targeting Genuine Debt Relief and Green Recovery: Moving From Rhetoric to Decisive Actions
As developing countries attempt to plan for a post-pandemic recovery, they should be given a genuine opportunity to deal with their debt burden and in tandem tackle the challenge of climate and nature that threaten to derail their economies.
Designing Border Carbon Adjustments When Carbon Is Not Explicitly Priced
Implementing border carbon adjustments can be a challenge when the countries involved don’t have a carbon price. Recent RFF research considers how to design border carbon adjustments around local variations in carbon pricing policy.
Climate Change Mitigation: How Effective is Green Quantitative Easing?
This piece, based on an INSPIRE-funded research project, examines whether a combination of green quantitative easing (a monetary policy) and a global carbon tax (a fiscal policy) can effectively contribute to climate mitigation.
How to Cut Emissions Equal to 3.8 Billion Cars/Year
Fossil fuel subsidy reform is a smart tool to fight climate change because it helps reduce substantial amounts of emissions while not costing governments them anything, and it can support sustainable growth by investing subsidy savings.
