How to design environmental taxes such as to reduce levels of contamination? What is the level of environmental taxation that encourages industry to adopt green technologies? How to combine environmental taxation with subsidies?
What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank
Building Back Better Update – COP26: Governments are not reorienting their economies to a green future and vulnerable nations are being left behind Although COP26 has been anticipated as an
Although developing countries may gain significantly from global mitigation efforts in the long run, given their greater exposure to climate risks, in the short run they may have little incentive to undertake costly emission reductions. Can the CBAM incentivize them to comply?
This column analyses the effectiveness of carbon taxes and border tax adjustment policies in reducing emissions and shaping firms’ decisions on abatement investment and firm location.
Today’s food systems generate $12 trillion in hidden social, economic, and environmental costs. It prioritizes volume over nutritional value, fails to pay a living wage while creating sizeable profits for a concentrated set of players, and treats the natural environment as an infinite resource – resulting in massive waste and undermining the stability of the entire food system and global economy.
The report reinforces the need for countries to develop Green New Deals for the economy post COVID-19 and offers recommendations to policymakers on the most effective design for COVID-19 recovery packages while facing budget shortfalls, rising debt, and declining tax revenues.
Looking at how communities, cities and countries have put the idea of a green recovery into practice, this new report presents a compilation of 23 examples from more than 20 countries worldwide.
This report by the Institute for European Environmental Policy provides an analytical review of existing practices to track climate-related expenditure, identifying a range of areas where current tracking systems differ in their practical application and the possible reasons for those differences.
Humanity is leaving a large imprint on the world we all live in. This is what we call our footprint on nature. In the last decades, we have been using
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