Budgetary Dilemmas Related to Climate Change

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 d...

Full description

Bibliographic Details
Main Author: Gábor Kutasi
Format: Article
Language:English
Published: Universidad Católica de Colombia 2015-01-01
Series:Revista Finanzas y Política Económica
Subjects:
Online Access:http://editorial.ucatolica.edu.co/ojsucatolica/revistas_ucatolica/index.php/RFYPE/article/view/291/297
Description
Summary: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.
ISSN:2248-6046
2011-7663