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Budgetary Dilemmas Related to Climate Change

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  • Gábor Kutasi

Abstract

ABSTRACT The global warming –either it is true or false hypothesis– has been built into the policy making both in national and international level. Public finances are recommended to be involved into the funding of mitigation and adaptation. The purpose of the paper is to gather the challenges and dilemmas implied by the climate change on fiscal spending and revenues, responsibilities and opportunities, balance and debt.******El calentamiento global, bien se trate de una hipótesis verdadera o falsa, ha sido incorporado en la elaboración de políticas tanto en el ámbito nacional como internacional. Se recomienda que las finanzas públicas participen en la financiación de la mitigación y la adaptación. La investigación explica los retos y dilemas que implica el cambio climático sobre el gasto fiscal y los ingresos, las responsabilidades y las oportunidades, el equilibrio y la deuda.

Suggested Citation

  • Gábor Kutasi, 2015. "Budgetary Dilemmas Related to Climate Change," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 7(1), pages 97-107, January.
    • Handle: RePEc:col:000443:012603
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    References listed on IDEAS

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    More about this item

    Keywords

    public finance; fiscal sustainability; climate change. finanzas públicas; sostenibilidad fiscal; cambio climático.;
    All these keywords.

    JEL classification:

    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • H84 - Public Economics - - Miscellaneous Issues - - - Disaster Aid
    • H87 - Public Economics - - Miscellaneous Issues - - - International Fiscal Issues; International Public Goods

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