Details

Related name

• Braga, Joao Paulo [Browse]
• Hayde, Erin [Browse]
• Lichtenberger, Andreas [Browse]
• Toure, Marieme [Browse]

Series

• Other Environmental Study. [More in this series]
• World Bank e-Library. [More in this series]

Summary note

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.

Doi

• 10.1596/35795

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