- James Daniel, Assistant Director in the IMF’s Fiscal Affairs Department.
- Alicia García Herrero, Senior Fellow, Bruegel
- Sony Kapoor, Managing Director, Nordic Institute for Finance, Technology and Sustainability, and Managing Director, Re-Define
- Sweta Saxena, Chief, Macroeconomic Policy and Financing for Development, UN Economic and Social Commission for Asia and the Pacific (UNESCAP)
- Mark Plant, Co-Director of Development Finance, and Senior Policy Fellow, Center for Global Development (CGD)
ABOUT THE EVENT
As the global community prioritizes a sustainable recovery post COVID-19, climate change is at the center of the needed economic transformation. The implementation of climate-focused policies is essential for achieving long-term sustainable development. Each country’s fiscal framework will need to envisage the mobilization and allocation of resources in ways that support the transition to a low-carbon economy. Countries in Asia and the Pacific region will be the global engines of growth in the next few decades, requiring substantial infrastructure investment. They are also particularly vulnerable to the effects of climate change, and the region is the largest emitter of greenhouse gases. Therefore, the region will play an outsized role in tackling climate change on a global scale.
The Center for Global Development (CGD) is hosting this panel discussion on the role of fiscal policies in tackling climate change in Asia and the Pacific. James Daniel will present the IMF’s latest study which explores the challenges and opportunities in addressing climate change and how fiscal policies can support both mitigation and adaptation measures for long-term sustainability. The presentation will be followed by a panel discussion featuring fiscal and climate policy experts and sustainable development experts with experience on Asia and the Pacific.