New World Bank Report “Fiscal Policies for Development and Climate Action”
This report provides practical insights for an effective design and implementation of fiscal policies for both development and climate action. The report maintains that well-designed environmental tax reforms are especially valuable in developing countries, where they can reduce emissions, increase domestic revenues and generate positive welfare effects. The report
offers policy recommendations for finance decision-makers to increase the mobilization of domestic resources and improve human well-being while enhancing development in spite of one if its main threats: climate change.
Read the Full Report
Picture credits: The World Bank Group – own rielaboration