Assessing Recent Climate Policy Initiatives in the Netherlands NETHERLANDS

The Netherlands has committed to the EU’s ambitious targets for cutting greenhouse gas emissions by 2030 and emissions neutrality in 2050 but at the same time is also vulnerable to sea-level rise and flood risks. This paper reviews recent mitigation policy initiatives in the Netherlands, including c...

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Bibliographic Details
Main Author: Chen, Chen
Other Authors: Kirabaeva, Koralai, Massetti, Emanuele, Minnett, Danielle
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Selected Issues Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The Netherlands has committed to the EU’s ambitious targets for cutting greenhouse gas emissions by 2030 and emissions neutrality in 2050 but at the same time is also vulnerable to sea-level rise and flood risks. This paper reviews recent mitigation policy initiatives in the Netherlands, including carbon levies for the industry and power sectors, energy and car tax reforms, and air passenger taxes, and recommends some modifications to these initiatives. The paper also provides assessments of hazards and macroeconomic risks from weather shocks and climate change and assesses the adaption plan against key principles on mainstream climate change into macro-fiscal planning
Physical Description:43 pages
ISBN:9798400235849