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Political Science > Environmental Policy

You are looking at 1 - 4 of 4 items for :

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Cover Policy Papers
Resilience and Sustainability Facility—Operational Guidance Note
International Monetary Fund. Strategy, Policy, & Review Department, International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept.
This note provides general guidance on the operationalization of the Resilience and Sustainability Facility (RSF) for arrangement requests and reviews. The RSF complements the existing IMF lending toolkit by providing longer-term, affordable financing to members to help them address longer-term structural challenges from climate change and pandemic preparedness. The note has benefited from experience gained during early operationalization of the RSF.
Keywords:
Climate change; Long-term challenges; pandemic preparedness; Prospective risks to Balance of Payment stability; Conditionality; Collaboration with other international organizations; RSF arrangement; RSF financing presentation; RSF design; RSF engagement timeline; RSF framework; Climate policy; Climate finance; Debt sustainability; Global
Cover IMF Working Papers
Willingness to Pay for Clean Air: Evidence from the UK
Giorgio Maarraoui, Walid Marrouch, Faten Saliba, and Ada Wossink
This paper uses life satisfaction data to help the design of climate mitigation policies in the United Kingdom. We assess the effects of the exposure to ambient pollutants on long-term life satisfaction and short-term mental health in the UK. We estimate augmented Cobb-Douglas utility functions using pooled and random effects ordinal logit models. Results show that increases in NO2, PM10 and PM2.5 significantly decrease the odds of longterm happiness and short-term mental health in the UK. The willingness to pay for clean air is also significant and increases with level of education. These measurements derived can be used as benchmarks for pollution abatement subsidies or pollution taxes and can help in projecting a more comprehensive assessment of costs and benefits.
Keywords:
Air Pollution; Happiness; Policy Valuation; Climate Change; Environmental Policies; Pollution Taxes; Pollution Abatement Subsidies; life satisfaction data; dataset description; air pollutant; pollutants' correlation; household data; ordinal Logit; Income; Europe; Global
Cover IMF Working Papers
Impact of COVID-19 on Attitudes to Climate Change and Support for Climate Policies
Mr. Adil Mohommad and Evgenia Pugacheva
This paper inquires into how individual attitudes to climate issues and support for climate policies have evolved in the context of the pandemic. Using data from a unique survey of 14,500 individuals across 16 major economies, this study shows that the experience of the COVID-19 pandemic increased concern for climate change and public support for green recovery policies. This suggests that the global health crisis has opened up more space for policy makers in key large economies to implement bolder climate policies. The study also finds that support for climate policies decreases when a person has experienced income and/or job loss during the pandemic. Protecting incomes and livelihoods in the near-term is thus important also from a climate policy perspective.
Keywords:
Climate change; climate policy; public opinion; COVID-19; climate policy perspective; climate policies decrease; health shock; climate issue; climate mitigation policy; Climate policy; Global
Cover IMF Working Papers
An Analytical Framework of Environmental Issues
Mr. Jonathan Levin
Environmental effects which were insignificant in the past, when the fewer concentrations of population or products of modern technology allowed the vast absorptive capacity of nature to act as a sink, are quite evident today--in the pollution of air or water, the overuse of potentially renewable fishing or forestry resources, or the wasteful extraction of nonrenewable, mineral, resources. To contribute to an overall understanding of environmental issues, this paper sets out a general analytical framework encompassing the physical character of environmental problems, the behavioral factors that contribute to them, and the principal approaches to their prevention and correction.
Keywords:
WP; cost; pollution reduction requirement; air quality; carbon dioxide; oil spill; hazardous waste; heavy metal pollutant; market forces; Environmental taxes; Environmental policy; Discount rates; Climate change; Global; Central and Eastern Europe