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The paper examines the 'care crisis' in Africa, where unpaid care work—primarily performed by women—is economically invisible and underfunded due to debt burdens and austerity. It proposes a shift toward 'feminist fiscal justice' by adopting progressive taxation, wealth taxes, and integrated care systems, drawing on successful models from Uruguay, Colombia, and Costa Rica.

The document argues that wealth taxation is an appropriate tool for redistribution in South Africa due to extreme inequality, where the richest 0.01% owned 15% of wealth in 2017. It examines three primary instruments: Financial Transaction Taxes (FTTs), dividend taxes, and net wealth taxes. International evidence from France shows that increasing dividend taxes from 15.5% to 46% led to a 15% increase in investment. Net wealth taxes in countries like Argentina, Spain, Norway, Switzerland, and Colombia have raised between 0.2% and 1.5% of GDP. The brief highlights administrative challenges for the South African Revenue Service (SARS) but notes the existence of a High Wealth Individual Unit as evidence of feasibility. It recommends a combination of moderate net wealth taxes, increased dividend taxes, and the introduction of an FTT, supported by tighter capital controls and international cooperation via the UN Framework Convention on International Taxation and Cooperation.

The document assesses the feasibility of using domestic fiscal tools—explicit fossil fuel subsidies (EFFS) and environmental taxes—to close Africa's climate finance gap, which is estimated at 5–10% of GDP. While these tools could contribute 1.7% and 1.1% of GDP respectively, the author argues they are insufficient to fully close the gap. The paper recommends establishing independent fuel reserve authorities to manage price volatility and suggests a gradual, long-term withdrawal of subsidies to avoid social unrest and inflation. It highlights that Africa's climate finance is heavily dependent on foreign sources and public funding compared to global averages.

The document defines fossil fuel subsidies as mechanisms that price fuels below real costs, noting that explicit subsidies reached USD 1.1 trillion in 2023, while total estimates including climate and health costs exceed USD 7 trillion. It argues that these subsidies distort markets, encourage overconsumption, and undermine energy security by increasing vulnerability to global price shocks. The guide highlights that reform can reduce CO2 emissions by 1%–10% by 2030 and generate fiscal savings for reinvestment in clean energy. It notes that broad subsidies often disproportionately benefit high-income households, with the top 20% receiving up to six times more benefits than the poorest 20%. Examples of successful reforms are cited from Indonesia, India, and Italy. The document also details the role of COFFIS in improving transparency through national subsidy inventories and phase-out plans.

The IEJ argues that South Africa's 2025 MTBPS prioritises debt stabilisation over growth and social welfare, leading to 'indiscriminate and harmful cuts to spending' in health and education. The document criticises the reduction of the inflation target to 3%, the continued austerity in non-interest spending, and the reliance on private sector 'de-risking' and privatisation. It further highlights the precarious future of the Social Relief of Distress (SRD) grant and the failure to address structural unemployment through activist fiscal policies.

The report examines the fiscal and non-fiscal conditions necessary for resource-rich developing countries to optimize the balance between mineral production revenues and the benefits of downstream processing. It identifies stable legal frameworks, reliable infrastructure, and domestic markets as primary enablers, while production- and cost-based fiscal incentives serve as secondary supports that require careful calibration to avoid inefficiency.

The document argues that South Africa's National Treasury is incorrectly relying on austerity and claims of high statutory tax rates to justify limited public spending. It suggests that the government can increase revenue by implementing wealth taxes, recouping illicit financial flows, and reducing tax expenditures for high-income individuals and corporations. It specifically highlights the gap between statutory and effective tax rates for companies and the potential for the Government Employees Pension Fund (GEPF) to lower borrowing costs.

The report identifies a significant global health and economic toll from red and processed meat consumption, which is linked to type II diabetes, cardiovascular disease, and cancer. It highlights a 'treatment-over-prevention' trend in wealthy nations, particularly in Europe, where robust healthcare systems mitigate disease outcomes at a high financial cost. The authors argue that implementing fiscal policies and dietary interventions to reduce meat intake could save billions in healthcare spending and significantly reduce premature mortality and disability.

The National Treasury has instructed the South African Social Security Agency (SASSA) to reduce the number of social grant recipients through strict verification procedures, such as facial recognition and bank account checks, to protect the fiscus. The Institute for Economic Justice reports that similar procedures for the R370 Social Relief of Distress (SRD) grant resulted in up to 90% of applicants being wrongly rejected. This occurs against a backdrop of rising food insecurity, with the proportion of households experiencing moderate to severe food insecurity increasing from 16% in 2019 to 20% in 2023, and child poverty rising from 55.6% in 2019 to 69.9% in 2022. To address this, advocates propose a Universal Basic Income (UBI) for all working-age adults, financed by additional taxation on the wealthy, to stimulate the economy and ensure redistributive justice.

The framework, co-produced with COSATU, argues that South Africa's transition must be treated as a public good to avoid the risks of private financing, such as increased inequality and higher energy costs. It advocates for an 'eco-socialism' approach and suggests specific financial mechanisms, including a Climate Response Fund and the reorientation of Development Finance Institutions, to ensure the transition creates jobs and reduces poverty.

The document examines Nigeria's vulnerability to global energy transitions due to its heavy reliance on oil and gas exports, high production costs, and limited economic diversification. It highlights the risks of reduced government revenue and job losses while identifying opportunities in critical minerals, natural gas as a transition fuel, and non-oil sector growth.

The document outlines a strategic framework to transition the global financial system toward deforestation- and conversion-free (DCF) models. It details specific mandates for policymakers to reform fiscal policies and subsidies, for central banks to embed nature-related risks into prudential supervision, and for financial institutions to scale capital toward sustainable land use and regenerative agriculture. The report emphasizes that aligning financial flows is essential to meet climate and biodiversity targets, citing the loss of 6.7 million hectares of tropical primary forests in 2024 as a critical risk to economic stability.

The report finds that while green tax incentives are widely used in emerging and developing economies, there is a mismatch between the common reliance on profit-based incentives and the actual barriers to investment, such as high upfront capital costs. It argues that these tools are most effective when integrated into broader policy frameworks and transitioned toward market-based mechanisms as sectors mature.

The report argues that existing financing for South Africa's just transition, such as the Just Energy Transition Investment Plan (JET-IP), prioritises private profit over social justice and is insufficient in scale. It proposes a cohesive framework anchored in worker demands and a new macroeconomic structure. Key recommendations include the creation of a Climate Response Fund (CRF) funded by carbon taxes and fuel levies, a shift toward 'promotional' monetary policy by the South African Reserve Bank to incentivise green lending, and the recapitalisation of the Industrial Development Corporation (IDC) to provide long-term, patient capital for public goods.

The report argues that South Africa's current Just Energy Transition Investment Plan (JET-IP) relies too heavily on private finance and de-risking, which may increase energy costs and fail to ensure a socially just transition. It proposes a cohesive framework based on worker demands, featuring a Climate Response Fund (CRF) funded by carbon taxes and fuel levies, a promotional monetary policy to direct credit toward green industrialisation, and the reform of Development Finance Institutions (DFIs) like the Industrial Development Corporation (IDC) to provide long-term, patient capital.

U.S. tariffs have created a mixed impact across Latin America, with Mexico and Central American countries facing the highest effective tariff rates due to their export profiles and reliance on the U.S. market. However, the authors argue that South American nations are more vulnerable to indirect spillovers from China, which is now the primary trading partner for most of the subregion. A slowdown in Chinese demand for minerals, metals, and energy products, driven by high U.S. tariffs on China, could depress regional growth and commodity prices if China fails to implement effective countercyclical fiscal and monetary policies.

The report argues that fossil fuel production subsidies in Colombia and Mexico are inefficient, as their associated environmental and value-added costs outweigh the benefits of investment. It proposes a definition of 'inefficient subsidies' that considers fiscal cost, environmental impact, and social targeting, and suggests redirecting funds to sectors like construction and agriculture to support a just energy transition.

The document proposes a shift from rigid fiscal rules to a 'constrained discretion regime' for emerging markets facing rising debt costs. It recommends implementing flexible debt anchors, embedding them within a broader fiscal policy regime with independent oversight, and increasing transparency to maintain market confidence.

The document outlines the operationalization of Indonesia's Sustainable Finance Committee (SFC) under Law No. 4/2023. It proposes a three-tier governance structure involving the Ministry of Finance, Bank Indonesia, and the Financial Services Authority (OJK) to bridge institutional silos and align national climate targets with financial market mechanisms. The paper emphasizes the need for a formal Government Regulation to ensure the SFC's authority, the creation of a centralized data platform for ESG transparency, and the use of sectoral coalitions to co-create bankable financial solutions for priority sectors like energy and transport.

The report examines the limitations of rigid debt rules in emerging markets and developing economies (EMDEs), proposing a transition to a 'constrained discretion regime'. It argues that current rules-based approaches often lead to complexity and unenforceability, particularly when multiple fiscal rules are layered incrementally. The authors recommend replacing rigid ceilings with flexible 'debt anchors' embedded in a broader institutional framework featuring independent fiscal councils, transparent disclosure rules, and a clear distinction between long-term sustainability goals and short-term budgetary instruments.