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Fiscal Policies for a Low-Carbon Economy / Willi Semmler.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Semmler, Willi.
- Series:
- Other Environmental Study.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Environment.
- Environmental Economics and Policies.
- Fiscal Policy.
- Green Issues.
- Public Sector Development.
- Local Subjects:
- Carbon Policy and Trading.
- Climate Change Mitigation and Green House Gases.
- Environment.
- Environmental Economics and Policies.
- Fiscal Policy.
- Green Issues.
- Public Sector Development.
- Place of Publication:
- Washington, D.C. : The World Bank, 2021.
- System Details:
- data file
- Summary:
- The 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.
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