This report shows how countries in Asia and the Pacific can integrate climate action into fiscal policies to trigger the release of the massive private sector finance urgently needed to combat the fast-growing impacts of climate change.
- DOI
- http://dx.doi.org/10.22617/TCS240284-2
- Dimensions
- 8.5x11
- ISBN
- 978-92-9270-715-6(print) 978-92-9270-716-3(PDF) 978-92-9270-717-0(e-book)
- Published in
- Philippines
- SKU
- TCS240284-2
- pages
- 48
Table of Contents
- Contents 5
- Tables and Figures 6
- Acknowledgments 7
- Abbreviations 8
- I. The Need for Sustainable Finance 9
- Meeting 1.5°C Requires Major Reallocation to Green Private Investment 10
- Overly Complex Sustainable Investment Procedures Could Slow Transition 11
- Coordinated Fiscal Policies Are Vital to Sustainable Finance Policies to Help Meet 1.5°C 11
- A. Research Methodology 12
- B. Assessment Methodology 13
- II. Fiscal Policies to Mobilize Sustainable Finance 14
- A. Sustainable Finance Policy Roadmap 15
- B. Tax Incentives 16
- C. Green Sovereign Guarantees 17
- D. Green Finance Subsidies 19
- E. Sovereign Green, Social, Sustainability, and Sustainability-Linked Bond Issuance 20
- F. Effectiveness Assessment 22
- G. Impact and Context of Policy Introduction 23
- III. Implementation Gaps 24
- A. Barriers Analysis 24
- IV. Recommendations 29
- A. Policy Design Recommendations 29
- B. Policy Recommendations 30
- C. Capacity Building 32
- D. Non-Fiscal Policies Crucial to the Success of Sustainable Fiscal Policies 33
- V. Conclusions 39
- Appendixes 40
- 1: Global Policy Examples 40
- 2: List of Stakeholders Interviewed and Questionnaires 41
- References 44
