Daily List 125

Today's highlights

Monday 4 July 2022

Finance

Not yet on track to net zero: the urgent need for greater ambition and policy action to achieve Paris temperature goals.

Staff climate notes 2021/5.
Corporate Author:
International Monetary Fund. + World Bank.
Author:
Simon Black
Publisher:
IMF

Achieving the Paris Agreement's temperature goals requires cutting global CO2 emissions 25 to 50 percent this decade, followed by a rapid transition to net zero emissions. The world is currently not yet on track so there is an urgent need to narrow gaps in climate mitigation ambition and policy. Current mitigation pledges for 2030 would achieve just one to two thirds of the emissions reductions needed for limiting warming to 1.5 to 2oC. And additional measures equivalent to a global carbon price exceeding 75 dollars per ton by 2030 are needed. This IMF Staff Climate Note presents extensive quantitative analyses to inform dialogue on closing mitigation ambition and policy gaps. It shows purely illustrative pathways to achieve the needed global emissions reductions while respecting international equity. The Note also presents country-level analyses of the emissions, fiscal, economic, and distributional impacts of carbon pricing and the trade-offs with other instruments, comprehensive mitigation strategies will be key

  • ISBN: 9781557754400
  • 4.50
 

Finance

Guidance note for developing government local currency bond markets.

Analytical notes 2021/1.
Corporate Author:
International Monetary Fund. + World Bank.
Author:
Hideo Hashimoto
Publisher:
IMF

This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs

  • ISBN: 9781513573922
  • 4.50
 

Finance

Economic prospects and policy challenges for the GCC countries - 2021.

Departmental policy papers 2021/72.
Corporate Author:
International Monetary Fund
Publisher:
IMF

GCC policymakers moved quickly to mitigate the health and economic impacts of twin COVID-19 and oil price shocks. Infection rates have declined across the GCC to well below previous peaks, though countries have experienced successive waves of the virus, and economic recoveries have begun to take hold. Nevertheless, GCC policymakers must navigate a challenging and uncertain landscape. The pandemic continues to cloud the global outlook as countries are in different phases of recovery, with varied growth prospects and policy space

  • ISBN: 9781616354879
  • 4.50