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Author: Unated States Government
Publisher: Good Press
ISBN:
Category : Nature
Languages : en
Pages : 57
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Book Description
This official document from the 2010s, authored by the United States Government, delves deep into the fiscal challenges posed by climate change. Highlighting the geographical and atmospheric implications, it offers a comprehensive look at the potential risks and strategies for mitigation. A must-read for those interested in environmental policy and its economic impact.
Author: Unated States Government
Publisher: Good Press
ISBN:
Category : Nature
Languages : en
Pages : 57
Get Book
Book Description
This official document from the 2010s, authored by the United States Government, delves deep into the fiscal challenges posed by climate change. Highlighting the geographical and atmospheric implications, it offers a comprehensive look at the potential risks and strategies for mitigation. A must-read for those interested in environmental policy and its economic impact.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 34
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Book Description
"President Obama has said the Budget is "a roadmap to a future that embodies America's values and aspirations." Building and stewarding such a Budget over the long term requires a clear-eyed view of the challenges that put our aspirations at risk. No challenge poses a greater threat to future generations than climate change. The Office of Management and Budget (OMB), in collaboration with the Council of Economic Advisers (CEA), recently embarked on an effort to assess what we can quantify today with regard to the fiscal risks posed by climate change for the Federal Government. To date, this effort has yielded two primary conclusions: first, that our current understanding of the fiscal risks of climate change is nascent, limited in scope, and subject to significant uncertainty; and second, that the evidence available thus far indicates the fiscal risks to the Federal Government could be very significant over the course of this century without ambitious action to reduce greenhouse gas emissions (GHGs) and adapt our communities to a changing climate. This report outlines the contours of fiscal risk through five program-specific assessments: crop insurance, health care, wildfire suppression, hurricane-related disaster relief, and Federal facility flood risk. These programs were assessed because they are directly influenced by climate change, they have strong links to the Federal Budget, and quantitative scientific and economic models regarding the likely magnitude of impacts were available. This report also considers potential impacts to Federal revenues."
Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
ISBN: 057874841X
Category : Science
Languages : en
Pages : 196
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Book Description
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309471699
Category : Science
Languages : en
Pages : 207
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Book Description
Climate change poses many challenges that affect society and the natural world. With these challenges, however, come opportunities to respond. By taking steps to adapt to and mitigate climate change, the risks to society and the impacts of continued climate change can be lessened. The National Climate Assessment, coordinated by the U.S. Global Change Research Program, is a mandated report intended to inform response decisions. Required to be developed every four years, these reports provide the most comprehensive and up-to-date evaluation of climate change impacts available for the United States, making them a unique and important climate change document. The draft Fourth National Climate Assessment (NCA4) report reviewed here addresses a wide range of topics of high importance to the United States and society more broadly, extending from human health and community well-being, to the built environment, to businesses and economies, to ecosystems and natural resources. This report evaluates the draft NCA4 to determine if it meets the requirements of the federal mandate, whether it provides accurate information grounded in the scientific literature, and whether it effectively communicates climate science, impacts, and responses for general audiences including the public, decision makers, and other stakeholders.
Author: David C. Trimble
Publisher: DIANE Publishing
ISBN: 1437987982
Category : Science
Languages : en
Pages : 95
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Book Description
Climate change poses risks to many environmental and economic systems, including agriculture, infrastructure, and ecosystems. This report examines: (1) federal funding for climate change activities and how these activities are organized; (2) the extent to which methods for defining and reporting climate change funding are interpreted consistently across the federal government; (3) federal climate change strategic priorities, and the extent to which funding is aligned with these priorities; and (4) what options, if any, are available to better align federal climate change funding with strategic priorities. Includes recommendations. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
Author: Mr. Fabien Gonguet
Publisher: International Monetary Fund
ISBN: 1513583042
Category : Business & Economics
Languages : en
Pages : 21
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Book Description
Public financial management (PFM) consists of all the government’s institutional arrangements in place to facilitate the implementation of fiscal policies. In response to the growing urgency to fight climate change, “green PFM” aims at adapting existing PFM practices to support climate-sensitive policies. With the cross-cutting nature of climate change and wider environmental concerns, green PFM can be a key enabler of an integrated government strategy to combat climate change. This note outlines a framework for green PFM, emphasizing the need for an approach combining various entry points within, across, and beyond the budget cycle. This includes components such as fiscal transparency and external oversight, and coordination with state-owned enterprises and subnational governments. The note also identifies principles for effective implementation of a green PFM strategy, among which the need for a strong stewardship located within the ministry of finance is paramount.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498334938
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
This paper reviews the fiscal implications of climate change, and the potential role of the Fund in addressing them. It stresses that: • The potential fiscal implications are immediate as well as lasting, and liable to affect—in differing forms and degree—all Fund members. • Climate change is a global externality problem, calling for some degree of international fiscal cooperation... • ...and has features—an intertemporal mismatch between the (early) costs of action to address climate change and (later) benefits, pervasive uncertainties and irreversibilities (including risk of catastrophe), and sharp asymmetries in the effects on different countries—that raise difficult technical and ethical issues, and hinder policy coordination. • In addition to itself impacting the public finances, climate change calls for deploying fiscal instruments to mitigate its extent and adapt to its remaining effects.
Author: John B. Stephenson
Publisher: DIANE Publishing
ISBN: 9781422315590
Category :
Languages : en
Pages : 74
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Book Description
Weather-related events have cost the nation billions of dollars in damages over the past decade. Many of these losses are borne by private insurers & by two federal insurance programs -- the National Flood Insurance Program, which insures properties against flooding, & the Federal Crop Insurance Corp., which insures crops against drought or other weather disasters. The author was asked to: (1) describe how climate change may affect future weather-related losses; (2) determine past insured weather-related losses; & (3) determine what major private insurers & federal insurers are doing to prepare for potential increases in such losses. Includes recommendations. Charts & tables.
Author: John B. Stephenson (au)
Publisher: DIANE Publishing
ISBN: 9781422303559
Category :
Languages : en
Pages : 50
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Book Description
The admin. reports annually on fed. spending on climate change. OMB reports funding in 4 categories: technology (to reduce greenhouse gas emissions), science (to better understand the climate), internat. assist. (to help developing countries), & tax expend. (to encourage reductions in emissions). The Climate Change Science Program (CCSP) reports only on science. To measure funding, OMB can enter into financial obligations that will result in gov't. outlays. This report examines fed. climate change funding for 1993 through 2004, including: how total funding & funding by category changed & whether funding data are comparable over time; & how funding by agency changed & whether funding data are comparable over time. Charts & tables.
Author: Mr.Peter S. Heller
Publisher: International Monetary Fund
ISBN: 158906223X
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Aging populations. Weather shocks. Scarce water. Globalization. Security threats. Policymakers today confront a number of developments that threaten to burden public budgets for decades to come, or bankrupt some entirely. This book argues that governments need to make policy changes now to take account of the potential fiscal consequences of these developments. After describing how, if at all, analysts, national governments, and international organizations currently address these long-term issues, the book stresses the vital need for a multipronged approach, involving strengthened analyses, greater attention to long-term issues and risk factors in budgeting, and institutional reforms that address the myopic biases of politicians and the public.
