Climate Change
News
Why COVID-19 government support needs to be tailored and targeted
Governments need to tailor their financial support to citizens and organizations in response to COVID-19. The IMF recommends targeted support to vulnerable houses and focused
Serbia adopts four laws on energy, mining
The National Assembly of the Republic of Serbia has adopted two new laws – the law on renewable energy sources and the law on energy
Biden takes aim at fossil subsidies, pushes clean energy incentives in tax plan
President Joe Biden’s recently unveiled tax plan to accompany his $2 trillion infrastructure proposal takes direct aim at fossil fuel subsidies in favor of clean
Reports
Adding Fuel to the Fire: Cheap Oil during the COVID-19 Pandemic (World Bank)
The outbreak of COVID-19 and the wide-ranging measures needed to slow its advance triggered an unprecedented collapse in oil demand, a surge in oil inventories,
Government policies providing more than USD 500 billion to farmers every year distort markets, stifle innovation and harm the environment (OECD)
The latest edition of the OECD’s annual Agricultural Policy Monitoring and Evaluation report shows that the support policies implemented by the 54 countries studied –
Emissions trading with transaction costs (LSE / Grantham Institute)
While the prevalence of transaction costs in past and existing emissions trading schemes is a well-documented fact, the related theoretical literature has to a large
Policy Briefs
Special Series on Fiscal Policies to Respond to COVID-19 – Fiscal Policy Responses to the Sharp Decline in Oil Prices (IMF)
Oil prices have declined sharply as a result of both global demand contraction and supply increase. The urgent priority for oil exporters is to deploy
Special Series on Fiscal Policies to Respond to COVID-19 – Greening the Recovery (IMF)
Fiscal policy across the globe is rightly focused on fighting the COVID-19-induced economic crisis. But the climate change crisis remains, as does the need for
Policy Responses to COVID-19 – Policy Tracker (IMF)
This policy tracker summarizes the key economic responses governments are taking to limit the human and economic impact of the COVID-19 pandemic. The tracker includes
