Economic Policies for Affordable, Secure and Clean Energy: Synthesis Report
Patrick Lenain | 5 June 2026
Fiscal,
Policy Briefs | Tags:
Decarbonization,
Energy,
Industrial Policy,
Policy Coherence,
Tax Expenditures Recent energy crises, surging electricity demand and accelerating climate change have pushed affordable, secure, and clean energy to the top of policy agendas worldwide. The challenge respects no borders,making cross-country perspectives timely.
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How Can Ministries of Finance Support the Low-Carbon Transition Through Coherent ‘Policy Packages’?
Patrick Lenain | 13 April 2026
Fiscal,
Monetary,
Blog | Tags:
Carbon Pricing,
Energy,
Industrial Policy,
Policy Coherence,
Tax Expenditures The transition towards greener and more resilient economies is one of the defining economic opportunities of our time. From growth and innovation to enhanced competitiveness and long-term savings, the potential gains are substantial.
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Insurance Protection for Climate-Resilient Progress
Patrick Lenain | 27 March 2026
Fiscal,
Monetary,
Op-Eds | Tags:
Climate Risks,
Insurance,
Vietnam This op-ed was first published in the Vietnam Investment Review. The World Bank has estimated that about $300 billion of the country’s commercial and industrial assets are vulnerable to climate-related disasters. Patrick Lenain, senior associate at the Council on Economic Policies, looks at the gaps
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Confronting Climate Change in the Philippines: Building Resilience while Cutting Emissions
Patrick Lenain | 13 February 2026
Fiscal,
Blog | Tags:
Carbon Pricing,
Climate Risks,
Energy,
Renewables,
The Philippines Climate change is not a distant threat for the Philippines. Preparing for a warmer and more volatile future will require building on past progress in investing into climate change adaptation, combined with carbon pricing and cleaner power generation.
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Industrial Policy: ‘Europe Can No Longer Afford the Inefficiency of a National Patchwork’
Patrick Lenain and
Rens van Tilburg | 30 January 2026
Fiscal,
Op-Eds | Tags:
Competition,
Decarbonization,
Europe,
Fiscal Space,
Industrial Policy Faced with American and Chinese competition, Europe must undertake a radical shift: move from a mosaic of national subsidies to a unified and more intelligent industrial policy, argue Patrick Lenain and Rens van Tilburg.
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Direction Ahead for Low-Carbon Development Finance in Vietnam
Patrick Lenain | 15 January 2026
Fiscal,
Monetary,
Op-Eds | Tags:
Economic Growth,
Energy,
Governing Finance,
Industrial Policy,
Vietnam Climate finance is featured prominently in international climate negotiations, and a number of countries have published climate finance strategies outlining investment needs for mitigation and adaptation. Yet a narrow focus on climate finance risks missing the point.
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How Vietnam Can Ensure Greener Steel
Patrick Lenain and
Deepak Sharma | 21 November 2025
Fiscal,
Blog | Tags:
Decarbonization,
Energy,
Industrial Policy,
Vietnam The steel industry is an important pillar of Vietnam’s economic development. It provides input for the country’s rapid infrastructure expansion, it supports key manufacturing sectors such as construction and shipbuilding, and it contributes to export revenues and industrial employment.
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The Energy Taxation Directive and the Clean Industrial Deal
Patrick Lenain | 20 November 2025
Fiscal,
Testimonies | Tags:
Decarbonization,
Energy,
Europe,
Fossil Fuel Subsidies Thank you for the opportunity to speak today on the Energy Taxation Directive (ETD) and the Clean Industrial Deal (CID). I will start with brief remarks on the ETD and then turn to lessons the CID could draw from global experience with the use of
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Accelerating Industrial Decarbonisation. The Role of Tax Incentives
Flurim Aliu,
Sofia Berg,
Luke Hatton,
Patrick Lenain,
Agustin Redonda,
Magd Shamashan and
Nirosha Elsem Varghese | 17 November 2025
Fiscal,
Discussion Notes | Tags:
Decarbonization,
Energy,
Industrial Policy,
Tax Expenditures Achieving net-zero targets in industrial sectors will require substantial investment in low-carbon technologies, especially in “hard-to-abate” industries such as steel, cement, and petrochemicals. In this context, tax incentives have emerged as a useful policy instrument ...
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Tax Expenditures: Time to Clean House
François Ecalle,
Patrick Lenain and
Agustin Redonda | 27 October 2025
Fiscal,
Op-Eds | Tags:
France,
GTED,
Tax Expenditures The state of France’s public finances is worrying. The public deficit has rarely been so high outside periods of crisis, and public debt has reached record levels. Stabilising it will require a substantial adjustment—on the order of €120 billion to €150 billion.
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