Fiscal Policies for Climate Change and a Green Recovery

September 7, 2021

Climate change is the defining challenge of our time, and the stakes are particularly high for Asia-Pacific. It is both the region that is most vulnerable to the effects of climate change and one that emits the most greenhouse gas—about half of the world’s total. As such, the region will play an outsized role in tackling climate change on a global scale. But addressing climate change also provides an opportunity to reinvigorate growth, create new jobs, and secure a green recovery at a critical moment.

The International Monetary Fund’s “Fiscal Policies to Address Climate Change in Asia and the Pacific” study was presented to set the stage on how fiscal policy can best promote climate change mitigation and adaptation and support a just transition to a low-carbon economy. A panel discussion followed, bringing together leading experts and practitioners in climate policy to discuss how countries in Asia-Pacific can turn climate ambitions into action while creating vibrant and inclusive opportunities as part of the transition to the new green economy.

The event was organized by the IMF’s Singapore Regional Training Institute (STI) as part of the IMF Expert Webinar series.

 

Agenda (Singapore time)

10:00 a.m. - 10:15 a.m.

Opening Session

Mr. Alfred Schipke (Director, IMF – Singapore Regional Training Institute)

Mr. Peter Lim (Director, Fiscal Policy Directorate, Ministry of Finance, Singapore)

10:15 a.m. -10:25 a.m.

Fiscal policies for Climate Change and A Green Recovery (Presentation)

Ms. Era Dabla-Norris (Division Chief, Asia & Pacific Department, IMF)

10:25 a.m. - 11:30 a.m.

Tackling Climate Change and Growth in Asia–Where to Begin?

Panel discussion with live Q and A

Moderator:
Mr. James Crabtree (Executive Director, The International Institute for Strategic Studies (IISS) – Asia, Singapore)

Panelists:

Professor Mizan R. Khan (Deputy Director and as Program Director of Least Developed Countries University Consortium on Climate Change, ICCCAD, Bangladesh)

Ms. Christine Loh (Chief Development Strategist, The Hong Kong University of Science and Technology’s Institute for the Environment, Visiting Professor at the Anderson School of Management, UCLA)

Professor Warwick Mckibbin (Director, Centre for Applied Macroeconomic Analysis-Economics in the Crawford School of Public Policy, Australian National University)

Ms. Nguy Thi Khanh (Executive Director, Green Innovation and Development Center (GreenID), Vietnam)

Mr. Krishna Srinivasan (Deputy Director, Asia & Pacific Department, IMF)

Bios:

Speakers, Presenter, and Moderator