COVID-19 has amplified existing imbalances, institutional and financing constraints associated with a development strategy that did not take sufficient account of challenges with emissions, environmental damage and health risks associated with climate change in a number of countries, including China. The recovery from the pandemic can be combined with appropriately designed investments that take into account human, social, natural and physical capital, as well as distributional objectives, that can also address commitments under the Paris agreement. An important criterion for sustainable development is that the tax regimes at the national and sub-national levels should reflect the same criteria as the investment strategy. Own-source revenues, are essential to be able to access private financing, including local government bonds and PPPs in a sustainable manner. Governance criteria are also important including information on the buildup of liabilities at all levels of government, to ensure transparent governance.
Despite differences in political systems, the Chinese experiences are relevant in a wide range of emerging market countries as the measures utilize institutions and policies reflecting international best practices, including modern tax administrations for the VAT, and income taxes, and benefit-linked property taxes, as well as utilization of balance sheets information consistent with the IMF’s Government Financial Statistics Manual, 2014. The options have significant implications for policy advice and development cooperation for meeting global climate change goals while ensuring sustainable employment generation with transparency and accountability.

The MENA region, known for its significant oil and gas production, has been widely acknowledged for its reliance on fossil fuels. The dependence on fossil fuels has led to significant environmental pollution. Therefore, the shift towards a more environmentally friendly and enduring future is crucial. Thus, the current study tries to investigate the effect of green technology innovations on green growth in MENA region. Specifically, we examine whether the effect of green technology innovations on green growth depend on the threshold level of income. To this end, a panel threshold model is estimated for a sample of 10 MENA countries over the period 1998–2022. Our main findings show that only countries with income level beyond the threshold can benefit significantly from green technology innovations in term of green growth. Nevertheless, our findings indicate a substantial and adverse impact of green technology innovation on countries where income levels fall below the specified threshold.

In the third national communication submitted by Ecuador, the total greenhouse gases (GHG) emission was calculated at 80,627 GgCO_2-eq, considering the country’s commitment to the Framework on Climate Change. In 2018, Ecuador ratified its nationally determined contribution (NDC) to reduce its GHG emissions by 11.87% from the business-as-usual (BAU) scenario by 2025. The macroeconomic impacts of NDC implementation in the energy sector are discussed. A Computable Equilibrium Model applied to Ecuador (CGE_EC) is used by developing scenarios to analyze partial and entry implementation, as well as an alternative scenario. Shocks in exogenous variables are linked to NDC energy initiatives. So, the NDC’s feasibility depends on guaranteeing the consumption of hydropower supply, either through local exports or domestic demand. In the last case, the government’s Energy Efficiency Program (PEC) and electricity transport have important roles, but the high levels of investment required and poor social conditions would impair its implementation. NDC implementation implies a GDP increase and price index decrease due to electricity cost reductions in the productive sector. These conditions depend on demand-supply guarantees, and the opposite case entails negative impacts on the economy. The alternative scenario considers less dependence on the external market, achieving higher GDP, but with only partial fulfillment of the NDC goals.