This paper highlights the enormous potential that lies in mobilizing financial sector tax systems in the service of "greening" finance and the economy. Through three case studies on the greening of financial sector taxes, it shows that adapting existing tax incentives to green financial sector taxes can make a critical contribution to achieving climate and broader sustainability goals.
This World Bank report estimates the economic impact of tourism in protected areas on local economies and makes the case that the promotion of sustainable tourism in protected areas should be actively included in COVID-19 economic recovery plans.
This World Bank study explores economic impacts on local economies, as local economic development is a goal in-and-of itself, and community support is a critical concern for protected areas and is needed to secure their long-term integrity. It also estimates protected area tourism’s economic costs and benefits to local communities, and explores how benefits may be increased and costs reduced.
South Africa’s government and industry have indicated their intention to position the local value chain as a key player in the mobility of the future. Looking ahead, the possibility of developing the domestic LIB value chain should not be overestimated: South Africa displays key pockets of excellence but not all activities in the value chain are likely viable domestically. At the same time, the importance of developing the LIB value chain should not be underestimated.
Post-COVID financial regulatory policy must incorporate awareness that its starting point is very unusual and different from that in existence pre-corona. The set of financial regulation policies appropriate to this situation requires placing an instrument at the center of the design of financial regulatory policy that effectively internalizes the inter-dependencies in the actions of the financial system.
The new Clean Energy Mini-Grid Policy Development Guide aims to help policymakers navigate the renewable mini-grid market, providing them with tools and recommendations on how to approach policies and regulations in this space.