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The Economisation of Climate Change: How the G20, the OECD and the IMF Address Fossil Fuel Subsidies and Climate Finance
Cambridge University Press, 3/25/2021
EAN 9781108492836, ISBN10: 1108492835
Hardcover, 300 pages, 25 x 17.7 x 2.2 cm
Language: English
Originally published in English
The effort to address climate change cuts across a wide range of non-environmental actors and policy areas, including international economic institutions such as the Group of Twenty (G20), International Monetary Fund (IMF), and the Organisation for Economic Co-operation and Development (OECD). These institutions do not tend to address climate change so much as an environmental issue, but as an economic one, a dynamic referred to as 'economisation'. Such economisation can have profound consequences for how environmental problems are addressed. This book explores how the G20, IMF, and OECD have addressed climate finance and fossil fuel subsidies, what factors have shaped their specific approaches, and the consequences of this economisation of climate change. Focusing on the international level, it is a valuable resource for graduate students, researchers, and policymakers in the fields of politics, political economy and environmental policy. This title is also available as Open Access.
Preface
Part I. Introduction
1. Introduction
The economisation of climate change and why it matters in the case of international economic institutions
Part II. Setting the Stage
2. A framework for studying institutional output and its alignment, causes and consequences
3. The three institutions, their roles and the environment
Part III. Fossil Fuel Subsidies
4. Fossil fuel subsidies
Key issues
5. The G20 and fossil fuel subsidy reform
The catalyst
6. The OECD and fossil fuel subsidies
The knowledge provider
7. The IMF and fossil fuel subsidies
The unexpected environmentalist
8. The alignment of the economic institutions on fossil fuel subsidies
Synergies, but definitions can be divisive
Part IV. Climate Finance
9. Climate finance
Key issues
10. The G20 and climate finance
Introducing finance ministries to the topic
11. The OECD and climate finance
Development and investment
12. The IMF and climate finance
Carbon pricing rears its head
13. The alignment of the economic institutions on climate finance
Efficiency in development and investments, but also carbon pricing
Part V. Conclusions
14. Conclusions
References
Index.