Fiscal Policies to Address Climate Change in Asia and the Pacific

Author/Editor:

Era Dabla-Norris ; James Daniel ; Masahiro Nozaki ; Cristian Alonso ; Vybhavi Balasundharam ; Matthieu Bellon ; Chuling Chen ; David Corvino ; Joey Kilpatrick

Publication Date:

March 24, 2021

Electronic Access:

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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.

Series:

Departmental Paper No 2021/007

Subject:

Frequency:

occasional

English

Publication Date:

March 24, 2021

ISBN/ISSN:

9781513561394/2616-5333

Stock No:

FPACCAPEA

Pages:

124

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