Publication

WB released a report on Fiscal Policies for a Low-Carbon Economy

The World Bank report Fiscal policies for a low-carbon economy makes an important contribution to our understanding of which fiscal policies work best and can be a guide to policy makers as they consider the most effective ways to achieve a low-carbon future. The report finds clear evidence that green bonds can support carbon taxation by acting as a bridge financing instrument, smoothing the path toward a low-carbon transition and overcoming financial market practitioners’ and governments’ short-termism. These findings are particularly timely as governments worldwide are looking for ways to recover and rebuild from the devastating impacts of Coronavirus (COVID-19). Making the right investments now through stimulus and recovery programs can lay the foundation for a sustainable, inclusive, and resilient recovery.

Here the full report.

More publications

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The transition to a low-carbon economy is expected to increase material requirements, as low-carbon technologies (LCTs) typically require more materials than fossil fuel-based energy systems. Here, we extend the MEDEAS-Spain Integrated Assessment Model (IAM) to improve the representation of material requirements, stocks, and flows. Key novelties are: (i) the use

Climate ambition explained: key indicators and net-zero target projections using machine learning

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A harmonised dataset for Earth system foundation models

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