Strengthening Infrastructure Governance For Climate Responsive Public Investment
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Strengthening Infrastructure Governance For Climate Responsive Public Investment
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Author : International Monetary
language : en
Publisher: International Monetary Fund
Release Date : 2021-12-22
Strengthening Infrastructure Governance For Climate Responsive Public Investment written by International Monetary and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-12-22 with Business & Economics categories.
Countries have committed, through the Paris Agreement and the Sustainable Development Goals (SDGs), to pursue climate targets and policies that would limit global temperature rise to well below 2 degrees Celsius, compared to pre-industrial levels. A shift toward green public investment will help to mitigate greenhouse gas (GHG) emissions. In addition, substantial public investment will be necessary to build public infrastructure that makes economies more resilient to climate change and related natural disasters. Climate change mitigation and adaptation challenges thus compound preexisting needs for public investment to foster the economic recovery from the pandemic and to meet the SDGs in a broader range of areas, often in a context of limited fiscal space. Against this backdrop, a priority for all countries is to manage their public investment efficiently and effectively. To help countries improve the institutions and processes for infrastructure governance (the planning, allocation, and implementation of public investment), the IMF developed in 2015 the Public Investment Management Assessment (PIMA), which has already been applied in over 70 countries. However, the current PIMA does not provide a sufficiently tailored assessment of how public investment management can support climate change mitigation and adaptation. To fill this gap, this paper introduces a new module to the to the current Public Investment Management Assessment (PIMA) framework, the “Climate-PIMA” (C-PIMA), whose goal is to help governments identify potential improvements in public investment institutions and processes to build low-carbon and climate-resilient infrastructure.
A Governance Framework For Climate Relevant Public Investment Management
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2024-02-01
A Governance Framework For Climate Relevant Public Investment Management written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-01 with Business & Economics categories.
This report explains why strengthening the governance around public investment management is central to cutting inefficiencies and unblocking the climate finance needed to narrow Asia and the Pacific’s gaping infrastructure gap. Outlining how adaptation and mitigation should be woven into more inclusive investment planning, it explains why private investment should be combined with public resources to better tackle the climate and investment shortfall. It shows why a stronger understanding of climate data and risk analysis can help drive transparent and accountable climate-responsive investment in order to finance a solid pipeline of resilient infrastructure projects.
United Kingdom
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Author : International Monetary Fund. Fiscal Affairs Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2022-09-02
United Kingdom written by International Monetary Fund. Fiscal Affairs Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-02 with Business & Economics categories.
This Technical Report discusses the results of applying the climate-focused module of the Public Investment Management Assessment (PIMA) to the United Kingdom (UK) in October 2021. The UK has some of the most ambitious climate mitigation targets in the world, requiring a strong role for public investment. The Climate-PIMA found that the UK has a relatively well-designed system to manage climate relevant public investment, but there is room to strengthen its institutional design and improve effectiveness. The application of the PIMA is covered in a separate companion report.
The Power Of Public Investment Management
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Author : Kai Kaiser
language : en
Publisher: World Bank Publications
Release Date : 2014-10-17
The Power Of Public Investment Management written by Kai Kaiser and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-17 with Business & Economics categories.
Public resources--if invested well in public infrastructure and services--can catalyze private and community e orts and unleash an inclusive growth and development process. But too often public projects are selectedto support political patronage, poorly designed, underfunded, long delayed, very costly, or badly implemented, with little bene t to the population. This is a critical challenge for many countries, both rich and poor. This book identi es eight key institutional features that countries need to adopt to ensure that public investments support growth and development. The Power of Public Investment Management provides a clear, nontechnical discussion on approaches to improving project appraisal, disciplining political intervention in project selection, dealing with uncertainty (an issue that is likely to grow in importance with the e ects of climate change), integrating procurement skills into project design and implementation, and managing the decision on public-private partnerships. Byproviding a simple but comprehensive framework and global experience, the book provides policy makers the guidance to adopt good functional principles in the design of institutions to strengthen public investment management.
Well Spent
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Author : Mr.Gerd Schwartz
language : en
Publisher: International Monetary Fund
Release Date : 2020-09-03
Well Spent written by Mr.Gerd Schwartz and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Business & Economics categories.
Drawing on the Fund’s analytical and capacity development work, including Public Investment Management Assessments (PIMAs) carried out in more than 60 countries, the new book Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment will address how countries can attain quality infrastructure outcomes through better infrastructure governance—an issue becoming increasingly important in the context of the Great Lockdown and its economic consequences. It covers critical issues such as infrastructure investment and Sustainable Development Goals, controlling corruption, managing fiscal risks, integrating planning and budgeting, and identifying best practices in project appraisal and selection. It also covers emerging areas in infrastructure governance, such as maintaining and managing public infrastructure assets and building resilience against climate change.
Pima Handbook
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2022-07-08
Pima Handbook written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-08 with Business & Economics categories.
This handbook is aimed at anyone who is involved in a Public Investment Management Assessment (PIMA) or who has a practical interest in public investment management. It is intended to be useful for country authorities, IMF staff, staff of other financial institutions and development organizations, and anyone who is interested in exploring different aspects of public investment management to understand how country systems are designed and how they work in practice.
Gateway Framework
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2023-06-01
Gateway Framework written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-06-01 with Business & Economics categories.
For tackling complex global challenges such as climate change, this publication advises how a Gateway Process (GP) can help the Asian Development Bank’s developing member countries channel scarce public resources into viable, sustainable, and efficient infrastructure investments. Supporting ministries of finance and related agencies, this publication explains how GPs can enhance the preparation, procurement, and execution of public private partnership projects and traditional public investment projects. To advance the environmental, social, and fiscal priorities of diverse economies and build institutional capacities, the publication describes an adjustable GP model—allowing policymakers to develop bespoke GPs within broader public investment management strategies.
Climate Change Adaptation And Green Finance
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Author : Gisele Arruda
language : en
Publisher: Taylor & Francis
Release Date : 2023-11-30
Climate Change Adaptation And Green Finance written by Gisele Arruda and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-30 with Science categories.
This book presents specific case studies of climate finance in the Arctic and examines how the green revolution could be a game changer in this sensitive region. Bringing together contributions from a range of experts in the field, Climate Change Adaptation and Green Finance assesses the costs of inaction versus the costs of action based on case study examples of climate finance and sustainable investment in the Arctic region. The authors draw on data from the Sixth Assessment Report published by the Intergovernmental Panel on Climate Change and respond with a solutions-based framework. This is developed around the notion of a new, carbon-neutral economy in the Arctic and presents methods for unlocking carbon finance and long-term climate investment in the region, such as finance for Arctic entrepreneurs and resilient sustainable investment structures. This volume also looks at the role of finance in meeting the United Nations Sustainable Development Goals and the ways in which innovation in investment will help shape the future of the Arctic. Climate Change Adaptation and Green Finance will be of great interest to students and scholars of climate change, sustainable finance, and sustainable business.
Governance Of Climate Responsive Cities
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Author : Ender Peker
language : en
Publisher: Springer Nature
Release Date : 2021-07-01
Governance Of Climate Responsive Cities written by Ender Peker and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-01 with Science categories.
The book presents governance with a particular focus on the social and spatial aspects of climate responsiveness and reads the practice of governance across different scales. It conceptualizes a framework of scale composed of three main categories including (i) scientific knowledge, (ii) plans and policies, and (iii) authorities of action. This framework presents ‘practice’ as the social context in which these three can interplay adaptively. Within this framework, the book presents case studies from Turkey, Italy, Ecuador, Chile and the UK, that reach meaningful planning and design solutions at national, city, and neighbourhood scales in the face of climate change. It offers implementation clues that are transferable to ever-increasing climate action around the globe. The book will be of interest to both professionals and scholars involved in urban design, urban planning and architecture, especially those in the field of climate responsive urbanism. It will also be a valuable resource for non-governmental organizations and social enterprises dealing with sustainability and climate change policies.
Climate Change Public Expenditure And Institutional Review Sourcebook Ccpeir
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Author : Adrian Fozzard
language : en
Publisher: World Bank Publications
Release Date :
Climate Change Public Expenditure And Institutional Review Sourcebook Ccpeir written by Adrian Fozzard and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
This Climate Change Public Expenditure and Institutional Review Sourcebook (CCPEIR) seeks to provide practitioners with the tools and information needed to respond to the public expenditure policy and management challenges arising from climate change. It is a series of notes and supporting materials written as a first step towards consolidating current research and international experience, identifying emerging practice and providing practical and applicable guidance for staff of central finance agencies, development agencies, environmental agencies and other international organizations working on climate change issues. In addition to emphasizing the importance of strengthening national systems throughout, the Sourcebook focuses on the specific public expenditure policy and management challenges posed by climate change, such as decision-making in the face of uncertain future climate conditions, expenditure planning for extreme weather and climate events, the lack of agreed budget definition and classification of climate change activities.