Land restoration is an effective nature-based solution for combating rural poverty and climate change across Latin America. But without well-designed public incentives that reward farmers and forest managers for protecting
The Climate Bonds Initiative (CBI) consulted with experts in partnership with ADB, the ASEAN Catalytic Green Finance Facility, and PT Sarana Multi Infrastruktur under Indonesia’s Ministry of Finance in preparing
The World Bank report finds that repurposing a portion of government spending on agriculture each year to develop and disseminate more emission-efficient technologies for crops and livestock could reduce overall
This report provides an overview of international experience in the implementation of Green Public Procurement (GPP). It focuses on the institutional framework that is needed to support the mainstreaming of
The financial sector has an essential role to play in addressing global environmental and social crises. A dramatic transformation of energy, food and waste systems is needed to achieve the
The current design of some taxes sets a number of ecological disincentives – for example, it encourages the consumption of environmentally harmful products and provides little incentive for more sustainable
This paper takes stock of the contributions made by these various trackers, identifies strengths and weaknesses of their methodologies, and draws lessons for assessing the climate impact of fiscal policy going forward. It finds that: trackers provided useful assessments of the (generally low) level of greenness and raised awareness; trackers’ methodologies, while valid and innovative, varied significantly with some important, if currently largely unavoidable, weaknesses; and the way forward should involve tracking the greenness of entire government budgets, rather than just their response to the COVID-19 crisis.
This report provides the latest findings and policy guidance for G7 and other countries in four key areas: measuring and mainstreaming biodiversity; aligning budgetary and fiscal policy with biodiversity; embedding biodiversity in the financial sector; and improving biodiversity outcomes linked to international trade.
Reducing greenhouse gas emissions is a matter of national interest for Vietnam, one of the most vulnerable countries to global climate change. Serious local air pollution, particularly in large cities, has also increased the case for effective emission reduction policies.
This publication presents recent experiences of finance ministries in the Latin American and Caribbean region in three crucial areas of intervention where climate change issues and the responsibilities of these ministries merge. In addition, it presents key elements for designing fiscal policies that contribute to sustainable growth.
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