Climate Resilient Fiscal Planning
Author | : Asian Development Bank |
Publisher | : Asian Development Bank |
Total Pages | : 149 |
Release | : 2023-11-01 |
ISBN-10 | : 9789292704766 |
ISBN-13 | : 9292704761 |
Rating | : 4/5 (66 Downloads) |
Book excerpt: 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.