Ideas for Developing Asia and the Pacific

Call for Papers on Fiscal Policy Instruments and Green Development


Fiscal Policy Instruments and Green Development
Asian Development Bank Institute (ADBI), Ministry of Finance of Indonesia, University of Indonesia
Yogyakarta, Indonesia

ADBI, the Ministry of Finance of Indonesia, and University of Indonesia invite the submission of original, unpublished thematic or case studies on the role of fiscal policy instruments in green development to be presented at a policy workshop in Yogyakarta, Indonesia on 29-30 September 2020.

Four years after world leaders signed the Paris climate agreement, global carbon emissions continue to increase. In 2018 and 2017, investment in renewables and energy efficiency declined by 1% and 3%, respectively, and there is a risk that it will slow further. Pro-coal energy policies and extra CO2 generated by new coal-fired power plants could also wipe out emissions reduction progress.

Achieving climate and clean air goals that advance green development will require increased financing for environmental initiatives through new financial instruments and fiscal policies. Measures such as green bonds, taxes, subsidies, incentives and budget allocations could help generate revenue and redirect investment to support the green and low-carbon sector.

Thematic and case study submissions may deal with, but are not be limited to, the following:

  • General Fiscal Policy Choices and the Implications for Sustainable Development
    • Why fiscal policy matters for green development
    • Fossil fuel subsidy reform and green energy investment
    • Green fiscal policy reforms in practice
  • Green Financial Instruments and Fiscal Incentives: Opportunities and Limitations
    • Pollution tax adoption
    • Public and private green bonds and financial sector readiness
    • Role of government in mobilizing green private financing and investment
    • Fiscal incentives for green technology development
    • Developing innovative green financial instruments
  • Fiscal Administration and Green Development on a Sub-National Level
    • Central-local government cooperation on green development
    • Green local tax policy and regional development
    • Fiscal administration initiatives on climate budgets
    • Regional green climate budget tagging, ecological fiscal transfers, and results-based payment

We encourage authors to linking the above themes with COVID-19 pandemic situation. The pandemic will change the way governments manage their fiscal instruments in many ways, which will affect the outcome of the green development. In addressing the pandemic in the discussion, we welcome any kind of analytical aspects, including the impacts and/or the opportunities arising from this situation.

Submission Procedure

Contributors should submit their extended abstract in English by 31 May 2020. The deadline is not extendable. The abstract should be about 1,000 words, including the title, name of author(s), affiliation(s), research background, motivation, and methodology, and expected policy implications.

Abstracts should be submitted to [email protected], [email protected] and [email protected]. Successful applicants will be notified by 30 June 2020.

Selected applicants must submit their full thematic or case study by 31 August 2020. The paper should adhere to the author submission guidelines of ADBI. The paper should be 4,000–7,000 words in length, including references, and should have the following structure:

  • Chapter title
  • Author info (including co-authors): name, affiliation, address, and e-mail)
  • Abstract (150-250 words)
  • Keywords or keyword phrases (4-8)
  • JEL classification code(s)
  • Introduction
  • Main text (split into various sections with heads and subheads chosen by authors)
  • Conclusion and policy recommendations
  • References (up to 50)
  • Index terms (1-2 per manuscript page, highlight in green)
  • Editable versions of any tables or figures

Authors of accepted papers will be invited to the policy workshop in Yogyakarta on 29-30 September 2020. ADBI will fund the travel of one author per paper who must be a citizen of an ADB member country. ADBI will provide honorarium for the author(s) of selected papers that are included in an ADBI book.

Selected papers will also be considered for publication as ADBI policy briefs or in an ADBI book.


Inquiries may be directed to Nella Sri Hendriyetty and Farhad Taghizadeh-Hesary

Project Organizing Committee

  • Chul Ju Kim, Asian Development Bank Institute
  • Farhad Taghizadeh-Hesary, Tokai University, Japan
  • Nella Sri Hendriyetty, Asian Development Bank Institute
  • Adi Budiarso, Fiscal Policy Agency, Ministry of Finance, Indonesia
  • Alin Halimatussadiah, Head of Environmental Economics Research Group, LPEM FEB UI
  • Noor Syaifudin, Fiscal Policy Agency, Ministry of Finance, Indonesia