Fiscal Policies to Address Climate Change in Asia and the Pacific

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...

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Bibliographic Details
Main Author: Dabla-Norris, Era
Other Authors: Daniel, James, Nozaki, Masahiro, Alonso, Cristian
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2021
Series:Departmental Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Environmental Economics 
653 |a Public finance & taxation 
653 |a Taxes 
653 |a Natural Disasters 
653 |a Climate 
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653 |a Climate change 
653 |a Environmental Taxes and Subsidies 
653 |a Political economy 
653 |a Carbon tax 
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653 |a Macroeconomics 
653 |a Taxation 
653 |a Taxation and Subsidies: Externalities 
653 |a Greenhouse gases 
653 |a Energy prices 
653 |a Climatic changes 
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520 |a 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