LEADER 02278cam a22003855i 4500001 99131234290606421 005 20210809182010.0 006 m d 007 cr cn||||||||| 008 020129s2021 dcu o i00 0 eng^^ 024 7 10.1596/35899 |2doi 035 (CKB)4920000001209069 035 (The World Bank)35899 035 (US-djbf)35899 035 (EXLCZ)994920000001209069 040 DJBF |beng |cDJBF |erda 100 1 Martinez-Vazquez, Jorge. 245 10 Adapting Fiscal Decentralization Design to Combat Climate Change / |cJorge Martinez-Vazquez. 264 1 Washington, D.C. : |bThe World Bank, |c2021. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other papers. 520 3 There are still many countries around the world that have not effectively engaged their subnational governments in their climate change strategies and policy frameworks. Where subnational levels are involved, generally they still play a relatively small role. This paper examines how the principles of fiscal decentralization design (in expenditure and revenue assignments, transfers, and borrowing) can be adapted to successfully engage subnational governments in fighting climate change. In addition, the paper critically reviews ongoing international practices, both effective and less effective, that involve subnational governments in climate change mitigation and adaptation. Shared responsibility for policy and program design and implementation, fee-or charge-funded adaptation activities, objective-targeted intergovernmental transfers, and the use of green bonds are some of the most promising approaches analyzed. Clearly, there is ample space ahead for the further involvement of subnational governments across the world in combating climate change. 650 4 Climate Change 650 4 Climate Change and Environment 650 4 Climate Change Mitigation and Green House Gases 650 4 Environment 650 4 Environmental Economics and Policies 650 4 Governance 650 4 Local Government 650 4 National Governance 650 4 Public Sector Development 830 0 Other papers. 830 0 World Bank e-Library. 906 BOOK