Asia and the Pacific stands at the forefront of the global climate challenge, facing intensifying risks alongside persistent development needs and fiscal constraints. This volume frames climate change not only as an environmental issue but as a fundamentally fiscal one, with implications for public revenues, expenditures, debt sustainability, and long-term growth. Drawing on evidence from across the region, it underscores the urgency of aligning fiscal frameworks with climate vulnerabilities to strengthen resilience, manage risks, and support sustainable development pathways.

Accelerating Climate Action in Asia and the Pacific: Fiscal Policy Solutions is structured around four interrelated themes that examine the intersection of fiscal policy and climate outcomes. It explores fiscal resilience amid rising climate vulnerability, the integration of climate priorities into public budgeting and procurement, the use of fiscal instruments to reduce emissions, and the expanding role of climate finance. Through a combination of country case studies and regional empirical analysis, the chapters offer practical insights into policy tools such as environmental taxes, emissions trading systems, climate budget tagging, and innovative financing approaches, providing a comprehensive guide for policymakers.