Monitoring the Climate Impact of Fiscal Policy : Lessons from Tracking the COVID-19 Response /

In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the economic impact of the crisis. The unusually large scale of the packages was accompanied by widespread calls for "greening" them to meet the dual goals of economic recove...

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Hlavní autor: Eltokhy, Khaled
Další autoři: Funke, Katja, Huang, Guohua, Kim, Yujin
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2021.
Edice:IMF Working Papers; Working Paper ; No. 2021/259
Témata:
On-line přístup:Full text available on IMF
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100 1 |a Eltokhy, Khaled. 
245 1 0 |a Monitoring the Climate Impact of Fiscal Policy :   |b Lessons from Tracking the COVID-19 Response /  |c Khaled Eltokhy, Katja Funke, Guohua Huang, Yujin Kim. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (34 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the economic impact of the crisis. The unusually large scale of the packages was accompanied by widespread calls for "greening" them to meet the dual goals of economic recovery and environmental sustainability. In response, several researchers and international organizations attempted to assess the "greenness" of the fiscal policy response of the world's largest economies. This paper takes stock of the contributions made by these various trackers, identifies strengths and weaknesses of their methodologies, and draws lessons for assessing the climate impact of fiscal policy going forward. It finds that: trackers provided useful assessments of the (generally low) level of greenness and raised awareness; trackers' methodologies, while valid and innovative, varied significantly with some important, if currently largely unavoidable, weaknesses; and the way forward should involve tracking the greenness of entire government budgets, rather than just their response to the COVID-19 crisis. 
538 |a Mode of access: Internet 
650 7 |a Climate Impact  |2 imf 
650 7 |a Environmental Economics  |2 imf 
650 7 |a Green Fiscal Policy Tracker, Green Budgeting and COVID-19 Response  |2 imf 
650 7 |a Green Fiscal Policy Tracker  |2 imf 
650 7 |a IMF Green Tracker Policy Archetype  |2 imf 
650 7 |a Valuation of Environmental Effects  |2 imf 
700 1 |a Funke, Katja. 
700 1 |a Huang, Guohua. 
700 1 |a Kim, Yujin. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/259 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/259/001.2021.issue-259-en.xml  |z IMF e-Library