Fiscal instruments are potentially among the most effective, and cost-effective, options for addressing externalities related to poor air quality, urban road congestion, and greenhouse gases. This paper takes a case study, focused on Mauritius (a pioneer in the use of green taxes) to illustrate...

How should environmental policy respond to economic fluctuations caused by persistent productivity shocks? This paper answers that question using a dynamic stochastic general equilibrium real business cycle model that includes a pollution externality. I first estimate the relationship between...

This working paper first introduces tradable permits as part of an overall taxonomy of economic instruments in the field of water management. In this context, three fundamentally different fields of application of tradable permits systems relating to water are presented: tradable water...

This study contains a methodology to establish the bases of a program for an effective environmental management insertion in sectorial policies and uses this conceptual framework to analyze Mexico's experience in the energy and industrial sectors in Mexico. According to this methodology, the...

This report provides an overview of the current state of affairs regarding capacity to cope with natural disasters in the region, an analysis of what needs to be done, and a plan of action with specific measures that the Bank will put into practice in its operation. The Bank's comprehensive...

This paper provides a summary of conflict management issues and options in the challenging cultural, ecological, economic and social context of Latin America and the Caribbean. Dealing with conflicts is one of the greatest challenge facing integrated coastal management because most of these...

contribute to success in the forest business. These include sound macroeconomic and long-term forest policies, secure land tenure, support from related education and technology programs, and cooperation among the various industries involved in producing and marketing forest products and...

This technical paper analyzes the potential practical application of financial instruments for natural hazard risk finance and transfer in Latin America. The study first presents an overview of the role of financing and risk transfer in disaster risk management. It then investigates the sources...

While the role of nongovernmental organizations in environmental policy is growing rapidly, our analytical understanding of the causes and consequences of this emerging role has not kept pace. And yet our ability to define an appropriate relationship between these private sector organizations...

This report seeks to provide the reader with a strong background on the benefits, challenges, and approaches to the development of a sustainable urban greening program. The examples and ideas in the report draw on the expertise and acumen of more than 300 professionals from 23 countries; people...