Climate Change
News
Emissions will hit record high by 2023 if green recovery fails, says IEA
Emissions will rise again this year and next year, after a fall last year, and 2023 is now on track to see the highest levels of carbon dioxide output in human history, equalling or surpassing the record set in 2018, according to forecasts released by the International Energy Agency.
In United States, Democrats Propose a Border Tax Based on Countries’ Greenhouse Gas Emissions
Senators introduced a plan on 19 July to tax iron, steel and other imports from countries without ambitious climate laws.
How Asean’s Covid-19 recovery measures are missing opportunities for a green future
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.
Reports
Fiscal Policies for Paris Climate Strategies – from Principle to Practice (IMF)
This paper discusses the role of, and provides practical country-level guidance on, fiscal policies for implementing climate strategies using a unique and transparent tool laying out trade-offs among policy options.
State and Trends of Carbon Pricing 2019 (World Bank)
This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and
Using Carbon Revenues (World Bank)
Carbon pricing is increasingly recognized as an important source of government revenue. Carbon revenues can be crucial in supporting cost-effective climate mitigation, industrial competitiveness and other economic and development objectives.