Blog

Denmark’s Green Tax Reform: G20 Countries Should Take Notice

| 26 August 2022
Fiscal, Blog | Tags: Carbon Taxes, Climate Change, Denmark, G20
Despite mounting evidence of climate change, fossil fuels remain the major source of energy around the world. The quantity of fossil fuel consumed globally has tripled since the mid-1960s, with a corresponding rise in carbon emissions. This increase is projected to continue in 2022, reflecting ... continue reading

Trade and the Environment: Focus on the Goals!

| 12 August 2022
Trade, Blog | Tags: Environment, WTO
Environmental concerns are moving up the trade policy agenda both in the WTO and regional trade agreements where countries discuss liberalizing trade in environmental goods and services. A first step is to agree on a definition of environmental goods and services. However, discussions have been ... continue reading

Tax for Development: Does Vietnam Need Tax Reform?

| 11 July 2022
Fiscal, Blog | Tags: Environmental Taxes, Tax Administration, Tax Expenditures, Vietnam
Schools and universities will need to adopt new technologies. Public transportation networks will need to be upgraded. Large-scale logistical hubs will be required to remain integrated in global supply chains. Old-age citizens will need welfare support. Electricity generation will need to decarbonise. Coastal cities will ... continue reading

Fostering Global Cooperation

| 10 June 2022
Trade, Blog | Tags: Climate Change, Digital Governance, Trade Governance, WTO
As the world enters 2022, the global trading system seems to be stuck in a deep crisis: the trade war between the US and China continues into another year with most of the additional tariffs staying in place and the only things missing are the ... continue reading

From Dependencies to Environmental Risks for Finance. Taking Next Steps

and | 9 May 2022
Monetary, Blog | Tags: Central Banks, Environmental Risks, Financial Supervision
Climate-related risks are now widely recognized as a source of financial risks by financial supervisors and central banks worldwide. Estimates of transition risks, which include risks stemming from the transition to a low-carbon economy, have become more granular, thanks in part to improved data availability. ... continue reading