Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies

Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies

Author: Yakubu, Ibrahim Nandom

Publisher: IGI Global

Published: 2023-08-18

Total Pages: 299

ISBN-13: 1668492741

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Climate change has emerged as one of the most severe global threats in recent years, necessitating urgent interventions. The Paris Agreement on climate change and the United Nations through the Sustainable Development Goals (SDGs) have established ingenious targets for mitigating greenhouse gas emissions, thus charting a path to a more ecologically friendly energy system. Energy accessibility is often restricted in developing economies, where conventional energy sources like coal, oil, and natural gas are still primarily utilized. However, the inimical effects of traditional energy sources such as fossil fuels on the environment and health and the quest for measures to counteract climate change have sparked a growing interest in renewable energy in these countries. Renewable energy can provide several benefits to developing countries, including job creation, improved energy access and security, and reduced reliance on imported fossil fuels. The potential for developing countries to contribute significantly to the energy transition drive is obvious. Nonetheless, they encounter numerous peculiar constraints, including restricted access to financing, infrastructure deficit, and a lack of technical competence that challenge the transition process. Also, the need for proper oversight and accountability in the energy sector in most developing countries impedes the ability of governments to adopt effective policies to enhance the efficacy of the sector. Fundamentally, the energy transition in developing markets is a challenging and heterogeneous process that necessitates a multidimensional approach encompassing regulatory policies, institutional frameworks, and technological integration for a sustainable energy system. Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies provides a comprehensive overview of the role of governance quality and fiscal policy in shaping the path toward more sustainable, renewable energy sources. Covering several key themes, including the relationship between institutional quality and renewable energy adoption, emission trading systems, green finance, climate resilience, and climate-induced migration, among others, this premier reference work aims to provide policymakers, academics, practitioners, and students with valuable insights, practical recommendations, and a deeper understanding of the energy transition landscape in developing economies.


Book Synopsis Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies by : Yakubu, Ibrahim Nandom

Download or read book Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies written by Yakubu, Ibrahim Nandom and published by IGI Global. This book was released on 2023-08-18 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change has emerged as one of the most severe global threats in recent years, necessitating urgent interventions. The Paris Agreement on climate change and the United Nations through the Sustainable Development Goals (SDGs) have established ingenious targets for mitigating greenhouse gas emissions, thus charting a path to a more ecologically friendly energy system. Energy accessibility is often restricted in developing economies, where conventional energy sources like coal, oil, and natural gas are still primarily utilized. However, the inimical effects of traditional energy sources such as fossil fuels on the environment and health and the quest for measures to counteract climate change have sparked a growing interest in renewable energy in these countries. Renewable energy can provide several benefits to developing countries, including job creation, improved energy access and security, and reduced reliance on imported fossil fuels. The potential for developing countries to contribute significantly to the energy transition drive is obvious. Nonetheless, they encounter numerous peculiar constraints, including restricted access to financing, infrastructure deficit, and a lack of technical competence that challenge the transition process. Also, the need for proper oversight and accountability in the energy sector in most developing countries impedes the ability of governments to adopt effective policies to enhance the efficacy of the sector. Fundamentally, the energy transition in developing markets is a challenging and heterogeneous process that necessitates a multidimensional approach encompassing regulatory policies, institutional frameworks, and technological integration for a sustainable energy system. Governance Quality, Fiscal Policy, and the Path to a Low-Carbon Future: Perspectives From Developing Economies provides a comprehensive overview of the role of governance quality and fiscal policy in shaping the path toward more sustainable, renewable energy sources. Covering several key themes, including the relationship between institutional quality and renewable energy adoption, emission trading systems, green finance, climate resilience, and climate-induced migration, among others, this premier reference work aims to provide policymakers, academics, practitioners, and students with valuable insights, practical recommendations, and a deeper understanding of the energy transition landscape in developing economies.

Examining Corruption and the Sustainable Development Goals

Examining Corruption and the Sustainable Development Goals

Author: Yakubu, Ibrahim Nandom

Publisher: IGI Global

Published: 2024-03-18

Total Pages: 351

ISBN-13:

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In global development, corruption entangles many societies, most observably in the vulnerable fabric of developing nations. Examining Corruption and the Sustainable Development Goals unravels the layers of this persistent challenge, meticulously examining its pervasive influence on pursuing the United Nations Sustainable Development Goals (SDGs). This book ventures into the heart of corruption's impacts, spanning economic, social, political, and environmental dimensions. Corruption, manifesting in insidious forms such as bribery, embezzlement, and nepotism, casts a daunting shadow over the integrity of public institutions, eroding public trust crucial for sustainable development initiatives. This book explores case studies, robust theoretical frameworks, and insightful policy perspectives. It is tailored for an audience within the academic research community, scholars, researchers, policymakers, and development practitioners thirsty for an understanding of the complex interplay between corruption and sustainable development in the developing world.


Book Synopsis Examining Corruption and the Sustainable Development Goals by : Yakubu, Ibrahim Nandom

Download or read book Examining Corruption and the Sustainable Development Goals written by Yakubu, Ibrahim Nandom and published by IGI Global. This book was released on 2024-03-18 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: In global development, corruption entangles many societies, most observably in the vulnerable fabric of developing nations. Examining Corruption and the Sustainable Development Goals unravels the layers of this persistent challenge, meticulously examining its pervasive influence on pursuing the United Nations Sustainable Development Goals (SDGs). This book ventures into the heart of corruption's impacts, spanning economic, social, political, and environmental dimensions. Corruption, manifesting in insidious forms such as bribery, embezzlement, and nepotism, casts a daunting shadow over the integrity of public institutions, eroding public trust crucial for sustainable development initiatives. This book explores case studies, robust theoretical frameworks, and insightful policy perspectives. It is tailored for an audience within the academic research community, scholars, researchers, policymakers, and development practitioners thirsty for an understanding of the complex interplay between corruption and sustainable development in the developing world.

Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry

Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry

Author: Rueda, Renny

Publisher: IGI Global

Published: 2023-11-27

Total Pages: 272

ISBN-13: 1668497964

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In the world of academic scholarship, there exists a pressing problem that has long confounded researchers and scholars alike. The issue at hand is the glaring gap in our understanding of political asymmetry—an elusive concept that holds the key to deciphering how institutions evolve and influence normative constructs within contemporary governance structures. Despite its undeniable relevance, political asymmetry has remained a neglected subject in social science discourse. This omission hampers our capacity to explore the intricate interplay between cultural diversity, normative representations, and political dynamics. As such, a critical void persists in comprehending the complex mechanisms that underpin governance practices in our ever-evolving global landscape. Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry offers an illuminating solution to this enduring problem. This pioneering work presents a comprehensive and meticulously crafted exploration of the concept of political asymmetry, providing both a theoretical taxonomy and an empirical roadmap for scholars eager to delve into uncharted territory. By bridging this knowledge gap, the book equips researchers with the tools needed to redefine how political asymmetry is not only understood but also applied in rigorous social science research. It marks a transformative shift in our approach to political science, enabling us to navigate the labyrinth of contemporary governance structures with newfound clarity.


Book Synopsis Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry by : Rueda, Renny

Download or read book Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry written by Rueda, Renny and published by IGI Global. This book was released on 2023-11-27 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the world of academic scholarship, there exists a pressing problem that has long confounded researchers and scholars alike. The issue at hand is the glaring gap in our understanding of political asymmetry—an elusive concept that holds the key to deciphering how institutions evolve and influence normative constructs within contemporary governance structures. Despite its undeniable relevance, political asymmetry has remained a neglected subject in social science discourse. This omission hampers our capacity to explore the intricate interplay between cultural diversity, normative representations, and political dynamics. As such, a critical void persists in comprehending the complex mechanisms that underpin governance practices in our ever-evolving global landscape. Cognitive Governance and the Historical Distortion of the Norm of Modern Development: A Theory of Political Asymmetry offers an illuminating solution to this enduring problem. This pioneering work presents a comprehensive and meticulously crafted exploration of the concept of political asymmetry, providing both a theoretical taxonomy and an empirical roadmap for scholars eager to delve into uncharted territory. By bridging this knowledge gap, the book equips researchers with the tools needed to redefine how political asymmetry is not only understood but also applied in rigorous social science research. It marks a transformative shift in our approach to political science, enabling us to navigate the labyrinth of contemporary governance structures with newfound clarity.

Governmental Power Market-Ing in the VU-CHAOS World

Governmental Power Market-Ing in the VU-CHAOS World

Author: Jermsittiparsert, Kittisak

Publisher: IGI Global

Published: 2023-09-29

Total Pages: 311

ISBN-13: 1668472813

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Governmental Power Market-Ing in the VU-CHAOS World is a thought-provoking book that explores the blended concepts of state governance, marketing, and management. This book offers a comprehensive examination of the dynamics and implications of governmental power in a rapidly changing world. Delve into this text to investigate the concept of government and its significance, as well as the rise of gerontocracy, where the elders exert influence over the state game, both in theory and practice. Further chapters explore topics such as the hidden agenda behind the development of government in governmental power marketing theory, the sources and status of government, strategies, and behavior of governments as buyers. The influences that shape governmental buying behavior and the implications for controlling governmental power are also examined. Readers will gain insights into future trends in government theory and practice, including strategic approaches for stateless players and net states. Case studies and comparative applications offer real-world examples and practical implications. Governmental Power Market-Ing in the VU-CHAOS World is an essential resource for academics, researchers, policymakers, and anyone interested in understanding the complex interplay between governmental power and market dynamics in today's evolving global landscape.


Book Synopsis Governmental Power Market-Ing in the VU-CHAOS World by : Jermsittiparsert, Kittisak

Download or read book Governmental Power Market-Ing in the VU-CHAOS World written by Jermsittiparsert, Kittisak and published by IGI Global. This book was released on 2023-09-29 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governmental Power Market-Ing in the VU-CHAOS World is a thought-provoking book that explores the blended concepts of state governance, marketing, and management. This book offers a comprehensive examination of the dynamics and implications of governmental power in a rapidly changing world. Delve into this text to investigate the concept of government and its significance, as well as the rise of gerontocracy, where the elders exert influence over the state game, both in theory and practice. Further chapters explore topics such as the hidden agenda behind the development of government in governmental power marketing theory, the sources and status of government, strategies, and behavior of governments as buyers. The influences that shape governmental buying behavior and the implications for controlling governmental power are also examined. Readers will gain insights into future trends in government theory and practice, including strategic approaches for stateless players and net states. Case studies and comparative applications offer real-world examples and practical implications. Governmental Power Market-Ing in the VU-CHAOS World is an essential resource for academics, researchers, policymakers, and anyone interested in understanding the complex interplay between governmental power and market dynamics in today's evolving global landscape.

Global Trends 2040

Global Trends 2040

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2021-03

Total Pages: 158

ISBN-13: 9781646794973

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.


Book Synopsis Global Trends 2040 by : National Intelligence Council

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature

Author: Signe Krogstrup

Publisher: International Monetary Fund

Published: 2019-09-04

Total Pages: 58

ISBN-13: 1513511955

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Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.


Book Synopsis Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature by : Signe Krogstrup

Download or read book Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature written by Signe Krogstrup and published by International Monetary Fund. This book was released on 2019-09-04 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.

After Paris

After Paris

Author: Mrs.Mai Farid

Publisher: International Monetary Fund

Published: 2016-01-11

Total Pages: 46

ISBN-13: 1513516957

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This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigation pledges submitted by 186 countries for the December 2015 Paris Agreement while providing revenue for lowering other taxes or debt. Carbon pricing in developing countries would effectively mobilize climate finance, and carbon price floor arrangements are a promising way to coordinate policies internationally. Targeted fiscal measures that are tailored to national circumstances and robust across climate scenarios are needed to counter private sector under-investment in climate adaptation. And increased disclosure of carbon footprints, stress testing of asset values, and greater proliferation of hedging instruments, will facilitate low-emission investments and climate risk diversification through financial markets.


Book Synopsis After Paris by : Mrs.Mai Farid

Download or read book After Paris written by Mrs.Mai Farid and published by International Monetary Fund. This book was released on 2016-01-11 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the implications of climate change for fiscal, financial, and macroeconomic policies. Most pressing is the use of carbon taxes (or equivalent trading systems) to implement the emissions mitigation pledges submitted by 186 countries for the December 2015 Paris Agreement while providing revenue for lowering other taxes or debt. Carbon pricing in developing countries would effectively mobilize climate finance, and carbon price floor arrangements are a promising way to coordinate policies internationally. Targeted fiscal measures that are tailored to national circumstances and robust across climate scenarios are needed to counter private sector under-investment in climate adaptation. And increased disclosure of carbon footprints, stress testing of asset values, and greater proliferation of hedging instruments, will facilitate low-emission investments and climate risk diversification through financial markets.

Carbon Governance, Climate Change and Business Transformation

Carbon Governance, Climate Change and Business Transformation

Author: Adam Bumpus

Publisher: Routledge

Published: 2014-07-17

Total Pages: 272

ISBN-13: 1135067856

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Transformation to a low carbon economy is a central tenet to any discussion on the solutions to the complex challenges of climate change and energy security. Despite advances in policy, carbon management and continuing development of clean technology, fundamental business transformation has not occurred because of multiple political, economic, social and organisational issues. Carbon Governance, Climate Change and Business Transformation is based on leading academic and industry input, and three international workshops focused on low carbon transformation in leading climate policy jurisdictions (Canada, USA and the UK) under the international Carbon Governance Project (CGP) banner. The book pulls insights from this innovative collaborative network to identify the policy combinations needed to create transformative change. It explores fundamental questions about how governments and the private sector conceptualize the problem of climate change, the conditions under which business transformation can genuinely take place and key policy and business innovations needed. Broadly, the book is based on emerging theories of multi-levelled, multi-actor carbon governance, and applies these ideas to the real world implications for tackling climate change through business transformation. Conceptually and empirically, this book stimulates both academic discussion and practical business models for low carbon transformation.


Book Synopsis Carbon Governance, Climate Change and Business Transformation by : Adam Bumpus

Download or read book Carbon Governance, Climate Change and Business Transformation written by Adam Bumpus and published by Routledge. This book was released on 2014-07-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transformation to a low carbon economy is a central tenet to any discussion on the solutions to the complex challenges of climate change and energy security. Despite advances in policy, carbon management and continuing development of clean technology, fundamental business transformation has not occurred because of multiple political, economic, social and organisational issues. Carbon Governance, Climate Change and Business Transformation is based on leading academic and industry input, and three international workshops focused on low carbon transformation in leading climate policy jurisdictions (Canada, USA and the UK) under the international Carbon Governance Project (CGP) banner. The book pulls insights from this innovative collaborative network to identify the policy combinations needed to create transformative change. It explores fundamental questions about how governments and the private sector conceptualize the problem of climate change, the conditions under which business transformation can genuinely take place and key policy and business innovations needed. Broadly, the book is based on emerging theories of multi-levelled, multi-actor carbon governance, and applies these ideas to the real world implications for tackling climate change through business transformation. Conceptually and empirically, this book stimulates both academic discussion and practical business models for low carbon transformation.

Fiscal Policies to Address Climate Change in Asia and the Pacific

Fiscal Policies to Address Climate Change in Asia and the Pacific

Author: Ms.Era Dabla-Norris

Publisher: International Monetary Fund

Published: 2021-03-24

Total Pages: 125

ISBN-13: 1513561391

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Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address challenges from climate change in Asia and the Pacific. It aims to answer how policymakers can best promote mitigation, adaptation, and the transition to a low-carbon economy, emphasizing the economic and social implications of reforms, potential policy trade-offs, and country circumstances. The recommendations are grounded in quantitative analysis using country-specific estimates, and granular household, industry, and firm-level data.


Book Synopsis Fiscal Policies to Address Climate Change in Asia and the Pacific by : Ms.Era Dabla-Norris

Download or read book Fiscal Policies to Address Climate Change in Asia and the Pacific written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2021-03-24 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Climate change is one of the greatest challenges facing policymakers worldwide, and the stakes are particularly high for Asia and the Pacific. This paper analyzes how fiscal policy can address challenges from climate change in Asia and the Pacific. It aims to answer how policymakers can best promote mitigation, adaptation, and the transition to a low-carbon economy, emphasizing the economic and social implications of reforms, potential policy trade-offs, and country circumstances. The recommendations are grounded in quantitative analysis using country-specific estimates, and granular household, industry, and firm-level data.

Fiscal Policy and Development

Fiscal Policy and Development

Author: Vitor Gaspar

Publisher: International Monetary Fund

Published: 2019-01-23

Total Pages: 45

ISBN-13: 1484388917

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The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors. Toward this end, we apply an innovative costing methodology to a sample of 155 countries: 49 low- income developing countries, 72 emerging market economies, and 34 advanced economies. And we refine the analysis with five country studies: Rwanda, Benin, Vietnam, Indonesia, and Guatemala.


Book Synopsis Fiscal Policy and Development by : Vitor Gaspar

Download or read book Fiscal Policy and Development written by Vitor Gaspar and published by International Monetary Fund. This book was released on 2019-01-23 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a baseline of current spending to GDP in these sectors. Toward this end, we apply an innovative costing methodology to a sample of 155 countries: 49 low- income developing countries, 72 emerging market economies, and 34 advanced economies. And we refine the analysis with five country studies: Rwanda, Benin, Vietnam, Indonesia, and Guatemala.