Assessing Recent Climate Policy Initiatives in the Netherlands: NETHERLANDS

By Chen Chen, Koralai Kirabaeva, Emanuele Massetti, Danielle N Minnett, Ian W.H. Parry, Tim Tjeerd, Sylke von Thadden-Kostopoulos, Geoffroy Dolphin

March 13, 2023

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Chen Chen, Koralai Kirabaeva, Emanuele Massetti, Danielle N Minnett, Ian W.H. Parry, Tim Tjeerd, Sylke von Thadden-Kostopoulos, and Geoffroy Dolphin. Assessing Recent Climate Policy Initiatives in the Netherlands: NETHERLANDS, (USA: International Monetary Fund, 2023) accessed September 18, 2024

Summary

The Netherlands has committed to the EU’s ambitious targets for cutting greenhouse gas emissions by 2030 and emissions neutrality in 2050 but at the same time is also vulnerable to sea-level rise and flood risks. This paper reviews recent mitigation policy initiatives in the Netherlands, including carbon levies for the industry and power sectors, energy and car tax reforms, and air passenger taxes, and recommends some modifications to these initiatives. The paper also provides assessments of hazards and macroeconomic risks from weather shocks and climate change and assesses the adaption plan against key principles on mainstream climate change into macro-fiscal planning.

Subject: Climate change, Climate policy, Economic sectors, Environment, Greenhouse gas emissions, International organization, Monetary policy, Natural disasters, Natural gas sector

Keywords: Adaption initiatives in the Netherlands, C. assessing climate risk, Carbon levy, Carbon pricing, Climate change, Climate change adaptation, Climate change mitigation, Climate policy, Emissions trading system, Energy taxes, Floods, Global, Green PFM, Greenhouse gas emissions, Natural disasters, Natural gas sector, Netherlands climate strategy, Northern Europe, Policy initiative, Policy recommendation, Price floor, Sea-level rise

Publication Details

Pages:

43
Volume:

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DOI:

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Issue:

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Series:

Selected Issues Paper No. 2023/022
Stock No:

SIPEA2023022
ISBN:

9798400235849
ISSN:

2958-7875

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