IDEAS home Printed from https://ideas.repec.org/p/npf/wpaper/21-341.html
   My bibliography  Save this paper

Mainstreaming Climate Change Commitments through Finance Commission's Recommendations

Author

Listed:
  • Chakraborty, Lekha

    (National Institute of Public Finance and Policy)

Abstract

India was the first to integrate climate change criteria in the inter- governmental fiscal transfers This analysis suggests that climate change criterion in the intergovernmental fiscal transfer mechanism in India is a significant step to incentivise the conservation of forests. However, the macropolicy channel of this link is through the public expenditure priorities related to climate change commitments by the state governments, to make a "just transition" towards a sustainable climate-resilent economy.

Suggested Citation

  • Chakraborty, Lekha, 2021. "Mainstreaming Climate Change Commitments through Finance Commission's Recommendations," Working Papers 21/341, National Institute of Public Finance and Policy.
    • Handle: RePEc:npf:wpaper:21/341
    Note: Working Paper 341, 2021
    as

    Download full text from publisher

    File URL: https://www.nipfp.org.in/media/medialibrary/2021/08/WP__341_2021.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bose, Sukanya & Ghosh, Priyanta & Sardana, Arvind & Boda, Manohar, 2021. "Regulation and Informal Market for Schools in Delhi," Working Papers 21/340, National Institute of Public Finance and Policy.
    2. Wallace E. Oates & Wallace E. Oates, 2004. "A Reconsideration of Environmental Federalism," Chapters, in: Environmental Policy and Fiscal Federalism, chapter 7, pages 125-156, Edward Elgar Publishing.
    3. Agarwal, Manmohan & Azim, Rumi, 2021. "The Indian manufacturing sector: finance, investment and performance of firms," Working Papers 21/339, National Institute of Public Finance and Policy.
    4. Nils Droste & Claudia Becker & Irene Ring & Rui Santos, 2018. "Decentralization Effects in Ecological Fiscal Transfers: A Bayesian Structural Time Series Analysis for Portugal," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 71(4), pages 1027-1051, December.
    5. Kaur, Amandeep & Mohanty, Ranjan & Chakraborty, Lekha S & Rangan, Divy, 2021. "Ecological Fiscal Transfers and State-level Budgetary Spending in India: Analysing The Flypaper Effects," MPRA Paper 111947, University Library of Munich, Germany.
    6. Amy Ellen Schwartz (ed.), 2004. "City Taxes, City Spending," Books, Edward Elgar Publishing, number 3079.
    7. Jonah Busch & Anit Mukherjee, 2017. "Encouraging State Governments to Protect and Restore Forests Using Ecological Fiscal Transfers: India’s Tax Revenue Distribution Reform," Working Papers 473, Center for Global Development.
    8. Jena, Pratap Ranjan & Singh, Abhishek, 2021. "Sub-national Budget Credibility Institutional Perspective and Reform Agenda in India," Working Papers 21/338, National Institute of Public Finance and Policy.
    9. Kaur, Amandeep & Mohanty, Ranjan Kumar & Chakraborty, Lekha & Rangan, Divy, 2021. "Ecological Fiscal Transfers and State-level Budgetary Spending in India: Analysing The Flypaper Effects in India," Working Papers 21/332, National Institute of Public Finance and Policy.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fernanda Andrade de Xavier & Pranab Mukhopadhyay, 2023. "Can Fiscal Transfers Help India Meet Its SDG Goals?," South Asian Journal of Macroeconomics and Public Finance, , vol. 12(2), pages 218-249, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. François Bareille & Matteo Zavalloni, 2020. "Decentralisation of agri-environmental policy design," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 47(4), pages 1502-1530.
    2. Pandey, Rita & Gupta, Manish & Sachdeva, Paavani & Singh, Abhishek, 2021. "Financing Biodiversity and Ecosystems Conservation in India: Implications for Efforts and Outcomes," Working Papers 21/335, National Institute of Public Finance and Policy.
    3. Chakraborty, Lekha, 2021. "Fiscal Federalism, Expenditure Assignments and Gender Equality," Working Papers 21/334, National Institute of Public Finance and Policy.
    4. Sigman, Hilary, 2003. "Letting States Do the Dirty Work: State Responsibility for Federal Environmental Regulation," National Tax Journal, National Tax Association;National Tax Journal, vol. 56(1), pages 107-122, March.
    5. Rocha, Samuel José Silva Soares da & Comini, Indira Bifano & Morais Júnior, Vicente Toledo Machado de & Schettini, Bruno Leão Said & Villanova, Paulo Henrique & Alves, Eliana Boaventura Bernardes Mour, 2020. "Ecological ICMS enables forest restoration in Brazil," Land Use Policy, Elsevier, vol. 91(C).
    6. Levinson, Arik, 2003. "Environmental Regulatory Competition: A Status Report and Some New Evidence," National Tax Journal, National Tax Association;National Tax Journal, vol. 56(1), pages 91-106, March.
    7. Andrea Zatti & Fiorenza Carraro, 2013. "Environmental taxation and municipal fiscal federalism: remarks and perspectives on the Italian case study," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2013(2), pages 61-92.
    8. Williams, Roberton C., 2012. "Growing state–federal conflicts in environmental policy: The role of market-based regulation," Journal of Public Economics, Elsevier, vol. 96(11), pages 1092-1099.
    9. William M. Shobe & Dallas Burtraw, 2012. "Rethinking Environmental Federalism In A Warming World," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 3(04), pages 1-33.
    10. Birner, Regina & Linacre, Nicholas A., 2008. "Designing Regional Systems of Biotechnology Regulation A Transaction Cost Approach to Regulatory Governance," 2007 Second International Conference, August 20-22, 2007, Accra, Ghana 52218, African Association of Agricultural Economists (AAAE).
    11. Benny Geys & Federico Revelli, 2011. "Economic and Political Foundations of Local Tax Structures: An Empirical Investigation of the Tax Mix of Flemish Municipalities," Environment and Planning C, , vol. 29(3), pages 410-427, June.
    12. Saku Aura & Thomas Davidoff, 2005. "Optimal Commodity Taxation When Land and Structures Must Be Taxed at the Same Rate," Working Papers 0505, Department of Economics, University of Missouri.
    13. Sonia Schwartz & Johanna Choumert-Nkolo & Jean-Louis Combes & Pascale Combes Motel & Éric Nazindigouba Kere, 2019. "On the optimal setting of protected areas," Working Papers halshs-02082753, HAL.
    14. Pierre Dupraz & Hervé Guyomard, 2019. "Environment and Climate in the Common Agricultural Policy," EuroChoices, The Agricultural Economics Society, vol. 18(1), pages 18-25, April.
    15. Yu Qi & Jinliang Yu, 2023. "Decentralization and local pollution activities: New quasi evidence from China," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 31(1), pages 115-159, January.
    16. Birner, Regina & Linacre, Nicholas, 2008. "Regional biotechnology regulations: Design options and implications for good governance," IFPRI discussion papers 753, International Food Policy Research Institute (IFPRI).
    17. Shyam Nath & Yeti Nisha Madhoo, 2021. "Environmental fiscal federalism and atmospheric pollution: A tale of two Indian cities," ASARC Working Papers 2021-01, The Australian National University, Australia South Asia Research Centre.
    18. Takyi, Paul Owusu & Bentum-Ennin, Isaac, 2021. "The impact of COVID-19 on stock market performance in Africa: A Bayesian structural time series approach," Journal of Economics and Business, Elsevier, vol. 115(C).
    19. Ando, Amy Whritenour, 2007. "Examples and Principles of State-Level Rural Environmental Initiatives," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(1), pages 1-3.
    20. Böhringer, Christoph & Rivers, Nicholas & Yonezawa, Hidemichi, 2016. "Vertical fiscal externalities and the environment," Journal of Environmental Economics and Management, Elsevier, vol. 77(C), pages 51-74.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:npf:wpaper:21/341. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: S.Siva Chidambaram (email available below). General contact details of provider: http://www.nipfp.org.in .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.