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Nicoletta Batini, Ian Parry, and Mr. Philippe Wingender
Denmark has a highly ambitious goal of reducing greenhouse gas emissions 70 percent below 1990 levels by 2030. While there is general agreement that carbon pricing should be the centerpiece of Denmark’s mitigation strategy, pricing needs to be effective, address equity and leakage concerns, and be reinforced by additional measures at the sectoral level. The strategy Denmark develops can be a good prototype for others to follow. This paper discusses mechanisms to scale up domestic carbon pricing, compensate households, and possibly combine pricing with a border carbon adjustment. It also recommends the use of revenue-neutral feebate schemes to strengthen mitigation incentives, particularly for transportation and agriculture, fisheries and forestry, though these schemes could also be applied more widely.
International Monetary Fund. African Dept.
Niger understands the need to adopt a long-term strategy capable of optimizing natural and human resources to promote sustainable economic and social development and inclusive growth. The government has renewed planning efforts in the preparation of three principal strategic documents. These three strategic planning tools are complementary, and the government is committed to implementing them so that they interact with each other synergistically while ensuring dynamic linkages between short-, medium-, and long-term programs.
International Monetary Fund. Asia and Pacific Dept
The Sixth Five Year Plan, as outlined in Bangladesh's Poverty Reduction Strategy Paper, targets strategic growth and employment. The medium-term macroeconomic framework plan entails the involvement of both the private and public sectors. Human resources development strategy programs reaching out to the poor and the vulnerable population, as well as environment, climate change, and disaster risk management, have been included in the plan. Managing regional disparities for shared growth and strategy for raising farm productivity and agricultural growth have been outlined. Diversifying exports and developing a dynamic manufacturing sector are all inclusive in the proposed plan.
International Monetary Fund
This progress report focuses on Medium-Term Plan (MTP) implementation by 2011 in Kenya, including specific progress on the attainment of MDG goals. The report presents the updated MTP program for 2012–13, including the consultations and framework underpinning its preparation. The macroeconomic framework and reformulation of the MTP Medium-Term Expenditure Framework is also discussed. It is concluded that significant progress has been made in meeting the MTP indicators and goals, although challenges remain in reducing poverty and meeting other MDGs.