Departmental Papers

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Format: Chicago

Era Dabla-Norris, James Daniel, Masahiro Nozaki, Cristian Alonso, Vybhavi Balasundharam, Matthieu Bellon, Chuling Chen, David Corvino, and Joey Kilpatrick. Fiscal Policies to Address Climate Change in Asia and the Pacific, (USA: International Monetary Fund, 2021) accessed December 21, 2024

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address challenges from climate change in Asia and the Pacific. It aims to answer how policymakers can best promote mitigation, adaptation, and the transition to a low-carbon economy, emphasizing the economic and social implications of reforms, potential policy trade-offs, and country circumstances. The recommendations are grounded in quantitative analysis using country-specific estimates, and granular household, industry, and firm-level data.

Subject: Asia and Pacific, Carbon tax, Climate change, Climate policy, Energy prices, Environment, Environmental taxes, Fiscal policy, Greenhouse gas emissions, Natural disasters, Prices, Taxes

Keywords: Adaptation investment, Air pollution, Asia and Pacific, Asia and the Pacific, Carbon tax, Climate change, Climate change adaptation, Climate change mitigation, Composite index, Energy prices, Environmental taxes, Firm incidence analysis, Firms time, Fiscal policy, Global, Green economy, Greenhouse gas, Greenhouse gas emissions, IMF staff calculation, Indirect cost, Low-carbon economy, Natural disasters, North America, Pacific Islands, Performance measure, Price elasticity of demand, Private cost, South Asia

Publication Details

  • Pages:

    124

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Departmental Paper No 2021/007

  • Stock No:

    FPACCAPEA

  • ISBN:

    9781513561394

  • ISSN:

    2616-5333