Accelerating Energy Innovation (AEI) is a new project being launched by the International Energy Agency (IEA). It aims to assist countries both within the Organisation for Economic Co‐operation and Development (OECD) and beyond in establishing a clear framework in which innovation of clean energy technologies can thrive, and within which effective and efficient policies can be identified, with the specific goal of advancing research, development, demonstration and, ultimately, deployment (RDD&D) of clean energy technologies.

This chapter reflects on the benefits of disaster risk management (DRM) in the context of fiscal policy and public investment. Of particular interest is the question of how those in charge of fiscal policy decisions can recognise and realise the economic and broader benefits of DRM. We consider the interplay between public DRM investment and fiscal policy and provide an overview of current debate as well as assessment methods, tools and policy options.

Nicholas Stern calls on scientists, engineers and economists to help policymakers by better modelling the immense risks to future generations, and the potential for action.

With the growing literature related to climate change mitigation measures and policy interventions, a systematic review of the application of computable general equilibrium (CGE) model is inevitable. Therefore, this article aims to characterise the relevant studies, define a comparative framework to identify the current state-of-the-art and the gaps in applied general equilibrium models.

The “FASTER” principles presented in this report lay out an approach that focuses on the emerging design features for successful and cost-effective carbon pricing policies drawn from initial and growing experience around the world. By maintaining a focus on fairness, alignment with existing policies, stability, transparency, efficiency, and reliability, the FASTER principles show that a well-designed carbon pricing instrument can provide the flexibility, and certainty for a thriving business, and investment climate, while effectively reducing emissions.

The paper proposes four channels that determine household consumption and through which households may escape or fall into poverty (prices, assets, productivity, and opportunities). It then discusses whether and how these channels are affected by climate change and climate policies, focusing on the exposure, vulnerability, and ability to adapt of the poor (and those vulnerable to poverty). It reviews the existing literature and offers three major conclusions.

The (economic) welfare disaster risk in a country can be reduced by reducing the exposure or vulnerability of people and assets (reducing asset losses), increasing macroeconomic resilience (reducing aggregate consumption losses for a given level of asset losses), or increasing microeconomic resilience (reducing welfare losses for a given level of aggregate consumption losses). The paper proposes rules of thumb to estimate macroeconomic and microeconomic resilience based on the relevant parameters in the economy.

The paper proposes a rule of thumb to estimate macroeconomic resilience, based on the interest rate (a higher interest rate decreases resilience and increases welfare losses), the reconstruction duration (a longer reconstruction duration increases welfare losses), and a “ripple-effect” factor that increases or decreases immediate losses (negative if enough idle resources are available to cope; positive if cross-sector and supply-chain issues impair the production of non-affected capital).

This Guide has a dual purpose: (i) to provide policy makers and other policy leaders and influencers with a practical tool to help them determine whether a carbon tax is the right instrument to achieve their policy aims; and (ii) to support them in designing and implementing the carbon tax best suited to their specific needs, circumstances, and objectives.

To assess gaps and accelerate implementation of the climate reform agenda, in 2012 the Department of Budget and Management and the Climate Change Commission sought advisory services from the World Bank to carry out a Climate Public Expenditure and Institutional Review (CPEIR).