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Within Reach

Despite global commitments made through the Paris Agreement in 2015 to combat climate change, their translation into national policies has been slow, raising concerns about the feasibility of achieving climate targets. While policies face many obstacles, the political economy is one of the primary i...

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Main Authors: Hallegatte, Stéphane, Godinho, Catrina, Rentschler, Jun, Avner, Paolo, Dorband, Ira Irina, Knudsen, Camilla, Lemke, Jana, Mealy, Penny
Format: Online
Language:en_US
Published: Washington, DC: World Bank 2023
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Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099010524135583549
https://openknowledge.worldbank.org/handle/10986/40601
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author Hallegatte, Stéphane
Godinho, Catrina
Rentschler, Jun
Avner, Paolo
Dorband, Ira Irina
Knudsen, Camilla
Lemke, Jana
Mealy, Penny
author_facet Hallegatte, Stéphane
Godinho, Catrina
Rentschler, Jun
Avner, Paolo
Dorband, Ira Irina
Knudsen, Camilla
Lemke, Jana
Mealy, Penny
author_sort Hallegatte, Stéphane
collection Colección Libros - Series (activas)
description Despite global commitments made through the Paris Agreement in 2015 to combat climate change, their translation into national policies has been slow, raising concerns about the feasibility of achieving climate targets. While policies face many obstacles, the political economy is one of the primary impediments to climate action, and urgency to reduce emissions makes slow and gradual approach increasingly insufficient. The report attempts to identify key political economy barriers and explore options to address them through the 4i Framework, considering how institutions, interests, ideas, and influence affect the political economy. The report offers a practical guide to help countries address political economy barriers when implementing climate policies with three prongs: (1) Climate Governance: governments can adapt their institutional framework, in ways that fit with the pre-existing political economy and moving from opportunistic and unstable to strategic and stable climate institutions. Establishing strategic climate governance institutions – such as climate change framework laws, long-term strategies, or just transition frameworks - can alter the political economy, set clear objectives, improve coordination across actors, and improve the ability to monitor progress and hold decisionmakers accountable. (2) Policy Sequencing: policies can be prioritized and sequenced based on dynamic efficiency, considering not only the economic costs and benefits, but also their feasibility and long-term impact on the political economy. The Climate Policy Feasibility Frontier tool can help identify policies that can overcome short-term political economy obstacles, and at the same time improve capacities and change the political economy to facilitate further climate action. (3) Policy Design and Engagement, considers the effective implementation of climate reforms by tactically navigating political economy constraints. This involves engaging citizens to create process legitimacy and reducing and managing distributional effects, not only across but also within income groups.
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spelling wb-10986-406012024-12-03T17:36:53Z Within Reach Navigating the Political Economy of Decarbonization Hallegatte, Stéphane Godinho, Catrina Rentschler, Jun Avner, Paolo Dorband, Ira Irina Knudsen, Camilla Lemke, Jana Mealy, Penny POLITICAL ECONOMY DECARBONIZATION CLIMATE GOVERNANCE INSTITUTIONAL CONTEXT TRANSITION CLIMATE POLICIES DISTRIBUTIONAL EFFECTS PUBLIC ENGAGEMENT 4I Framework Despite global commitments made through the Paris Agreement in 2015 to combat climate change, their translation into national policies has been slow, raising concerns about the feasibility of achieving climate targets. While policies face many obstacles, the political economy is one of the primary impediments to climate action, and urgency to reduce emissions makes slow and gradual approach increasingly insufficient. The report attempts to identify key political economy barriers and explore options to address them through the 4i Framework, considering how institutions, interests, ideas, and influence affect the political economy. The report offers a practical guide to help countries address political economy barriers when implementing climate policies with three prongs: (1) Climate Governance: governments can adapt their institutional framework, in ways that fit with the pre-existing political economy and moving from opportunistic and unstable to strategic and stable climate institutions. Establishing strategic climate governance institutions – such as climate change framework laws, long-term strategies, or just transition frameworks - can alter the political economy, set clear objectives, improve coordination across actors, and improve the ability to monitor progress and hold decisionmakers accountable. (2) Policy Sequencing: policies can be prioritized and sequenced based on dynamic efficiency, considering not only the economic costs and benefits, but also their feasibility and long-term impact on the political economy. The Climate Policy Feasibility Frontier tool can help identify policies that can overcome short-term political economy obstacles, and at the same time improve capacities and change the political economy to facilitate further climate action. (3) Policy Design and Engagement, considers the effective implementation of climate reforms by tactically navigating political economy constraints. This involves engaging citizens to create process legitimacy and reducing and managing distributional effects, not only across but also within income groups. 2023-11-13T17:36:50Z 2023-11-13T17:36:50Z 2023-11-16 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099010524135583549 978-1-4648-1953-7 (paper) 978-1-4648-1954-4 (electronic) Library of Congress Control Number: 2023919988 https://openknowledge.worldbank.org/handle/10986/40601 10.1596/978-1-4648-1953-7 en_US Climate Change and Development Series CC BY 3.0 IGO https://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf application/pdf application/pdf Washington, DC: World Bank
spellingShingle POLITICAL ECONOMY
DECARBONIZATION
CLIMATE GOVERNANCE
INSTITUTIONAL CONTEXT
TRANSITION
CLIMATE POLICIES
DISTRIBUTIONAL EFFECTS
PUBLIC ENGAGEMENT
4I Framework
Hallegatte, Stéphane
Godinho, Catrina
Rentschler, Jun
Avner, Paolo
Dorband, Ira Irina
Knudsen, Camilla
Lemke, Jana
Mealy, Penny
Within Reach
title Within Reach
title_full Within Reach
title_fullStr Within Reach
title_full_unstemmed Within Reach
title_short Within Reach
title_sort within reach
topic POLITICAL ECONOMY
DECARBONIZATION
CLIMATE GOVERNANCE
INSTITUTIONAL CONTEXT
TRANSITION
CLIMATE POLICIES
DISTRIBUTIONAL EFFECTS
PUBLIC ENGAGEMENT
4I Framework
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099010524135583549
https://openknowledge.worldbank.org/handle/10986/40601
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