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Green Recovery Dialogue: Fiscal Innovations to Deliver on a Climate-Smart Recovery

Follow the event on Twitter #ClimateActionWBG

Join us as we examine how innovative macro-fiscal and governance-related interventions can enable a green recovery and facilitate a ‘whole-of-economy’ approach to long-term climate action. This event will discuss financing instruments, macro-economic modeling, and technical tools the World Bank Group and partners are using to help countries embed climate in pandemic recovery efforts and lay a foundation for low-carbon, climate-resilient development.

See the list of speakers ˅

00:00 Welcome! Fiscal Innovations to Deliver on a Climate-Smart Recovery
04:52 Macro-economic and fiscal policy to secure a green recovery
09:25 Key interventions for the green recovery phase from COVID-19
14:15 The support from the World Bank in green recovery
18:05 What success looks like in the next few months
22:30 Turkey's action on climate
29:38 Greening and economic recovery in Indonesia
36:40 Current global fiscal picture for a green recovery
43:01 Macro fiscal approach to climate change in Turkey
46:42 Innovative fiscal tools for delivering on a green recovery in Indonesia
50:18 Wider role of the international community in supporting a green recovery
53:48 Supporting developing countries with their fiscal policies degree in their recovery
1:08:38 Closing remarks

Learn more

WBG COP26 Climate Briefs

WBG Climate Change Action Plan

World Bank & Climate Change

UN Climate Change Conference

Speakers

Mari Pangestu

Former World Bank Managing Director of Development Policy and Partnerships

@Mari_Pangestu
Maria Flachsbarth

Parliamentary State Secretary, German Federal Minister for Economic Cooperation and Development (BMZ)
Muhamad Chatib Basri

NDC Economic Advisor, Government of Indonesia

@ChatibBasri
Ottmar Edenhofer

Director and Chief Economist of the Potsdam Institute for Climate Impact Research
Ceyla Pazarbasioglu

Director, Strategy, Policy, and Review Department, IMF

@CeylaP_IMF
Liam Byrne

UK Member of Parliament; and Chair of the Parliamentary Network on the World Bank and IMF

@liambyrnemp
Arzu Önsal

Deputy Director, Climate Change, Ministry of Environment, Urbanization and Climate Change, Turkey

Moderator

Sarah Colenbrander

Director, Climate and Sustainability Programme, Overseas Development Institute

@s_colenbrander

Read the chat

Kamau Joseph

Join us at 3:15 pm Glasgow time (11:15 am ET), for a high-level discussion focused on innovative ways to invest in green recovery efforts and fast-track climate action. Make sure to also follow our COP26 conversations on Twitter with #ClimateActionWBG.

Wed, 11/03/2021 - 10:04

Kamau Joseph

The Green Recovery Initiative is a World Bank program within the Climate Support Facility, and aims to help countries build a low-carbon, climate resilient recovery from COVID-19. Learn more about the CSF and GRI here.

Wed, 11/03/2021 - 11:17

Kamau Joseph

Welcome to “Green Recovery Dialogue: Fiscal Innovations to Deliver on a Climate-Smart Recovery” featuring high-level experts and government representatives in the macro-fiscal space.Please submit your questions and comments now, using the chat feature.

Wed, 11/03/2021 - 11:18

Kamau Joseph

Download: COP26 Climate Brief - Scaling Finance for Transformational Climate Projects

Wed, 11/03/2021 - 11:24

Kamau Joseph

Sarah Colenbrander, Director of the Climate and Sustainability Programme at the Overseas Development Institute, will be moderating the event today. We will first hear an opening discussion with Mari Pangestu, Managing Director for Development Policy and Partnerships at the World Bank, and Dr. Maria Flachsbarth, the Parliamentary State Secretary to the German Federal Ministry for Economic Cooperation and Development (BMZ).

Wed, 11/03/2021 - 11:24

Meet the Expert

Carolina Monsalve

Lead Climate Change Specialist, World Bank Group

Carolina Monsalve

Read the chat below

The World Bank Group at COP26

As COP26 takes place in Glasgow, UK, the clock is ticking for high-impact climate action to deliver on the promises of the Paris Agreement. World leaders and national delegations, representatives from businesses, civil society and youth are gathering to tackle the climate crisis. See the full program.