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Green Fiscal Policy and Development: Reconciling Climate and Structural Change by Joao Paulo Braga; Erin Hayde; Julia Torracca is a book available to read on EtoBox.

What is Green Fiscal Policy and Development: Reconciling Climate and Structural Change about?

Responding to climate change requires action from all countries across the world. In order to limit global warming below 2C, as outlined by the Paris Agreement, dramatic changes will need to be made to the industrial structure of economies in many countries. While there is a recognition of the need for action from advanced economies given their responsibility for historical emissions, action will also be required from countries at all stages of development. Global climate policy has been designed with a focus on advanced economies. Indeed, these countries have made more progress on climate action than their lowand middle-income counterparts. Developing countries seem to be lagging behind in decoupling emissions from economic activity. In many developing countries, the industrial structure is not only dependent on fossil fuel energy or exports but also on carbon-intensive activities such as land use-related deforestation. As the risks and challenges of climate change differ depending on individual countries' industrial structure and development level, climate policies will need to be tailored to better fit developing country contexts. This chapter explores how the global climate pol

Author

Joao Paulo Braga; Erin Hayde; Julia Torracca

Publisher

Springer International Publishing Springer

Published

2023

Language

EN

ISBN

9783031164774

Subjects

Business, Science, Management