Ecological Fiscal Transfer: A Tool for Combating Climate Change

The discussion surrounding climate change has always played a significant role in policymaking and advocacy in every country. This is more so in recent times, as the pandemic highlighted the extent of action needed to combat climate change. It is evident that complacency coupled with ignorance not only exacerbates its effects of climate change, but also brings forth a broad-based disruption of the global economy unparalleled by any other event. For example, a recent Stanford study…

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