How to Ensure Climate and Environmental Risk Resilience of Central Bank Operations and the Financial System
23 November 2022 | Singapore Monetary,
Roundtables | Tags:
Central Banks,
Financial Supervision,
Monetary Policy CEP together with AMRO and SEACEN co-hosted a roundtable for central bankers and financial supervisors to exchange experiences, ideas and best practices on how to account for climate and environmental risks in central banking and financial supervision. The discussions covered (1) the challenges of climate
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ATI Regional Workshop on Tax Expenditures (Asia)
1-3 March 2023 | Manila, Philippines Fiscal,
Workshops | Tags:
Tax Expenditures The upcoming regional workshop on tax expenditures (by invitation only) will explore the estimation, reporting and evaluation of tax expenditures in Asian countries. The workshop will be hosted in Manila (Philippines) from 1 to 3 March 2023, and is co-organized by the Addis Tax Initiative
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The Devil in the Detail? Eight Lessons from Tax Expenditure Reporting in Rwanda and Uganda
Hazel Granger,
Kyle McNabb and
Harshil Parekh | 22 November 2022
Blog,
Fiscal | Tags:
Fiscal Policy,
Tax Expenditures Tax expenditures (TEs) are used widely around the world. Their role in the fiscal systems of low- and middle-income countries has recently attracted increased scrutiny.
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All Hands On Deck To Confront The Energy Crisis
Patrick Lenain | 15 November 2022
Blog,
Trade | Tags:
Carbon Pricing,
Energy,
Fossil Fuel Subsidies The current energy crisis illustrates once again the importance of reliable, diversified and affordable energy sources. Strong price increases inflict heavy economic damages: if coal, oil and gas retain their recent high prices, global spending on energy will reach 13% of GDP in 2022 –
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Is the Current Macroprudential Framework Fit for Climate Systemic Risk?
Pierre Monnin | 13 November 2022
Blog,
Monetary | Tags:
Central Banks,
Climate Risk Climate change and the transition to a low-carbon economy have a clear systemic dimension, and they potentially pose a systemic risk for the financial sector. This has been highlighted by several international and national financial authorities and urgently needs to be addressed.
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