Climate Resilient Fiscal Planning: A Review of Global Good Practices
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Publication Type:
Publisher:
Asian Development Bank (ADB)
Publication:
November 2023
This report shows how adopting good practices around climate-resilient fiscal planning can help decision-makers in Asia and the Pacific ramp up public and private resources to plug the yawning adaptation financing gap.
Outlining a three-step framework, the report explains the need to effectively assess the rising impacts of climate change, develop a fiscal risk management strategy, and optimize available resources. It underscores why coherent action hinges on a solid understanding of the impacts of climate change and how central finance agencies can better integrate climate risk into decision-making to lead the drive towards economic resilience.
Contents
- Context of Fiscal Planning for Climate Risks
- Climate-Related Fiscal Sustainability Assessments
- Fiscal Risk Management and Strategies
- Evidence-Informed Adaptation Financing and Investment
