The Paris Agreement provides a framework for international carbon trading. Georg Zachmann and Annabelle Weisser discuss the many questions that will arise, and argue that international carbon credits can support the EU’s 2040 target if buyers’ club rules and leverage ensure real mitigation gains abroad
International carbon trading: a strategic lever to boost global decarbonisation Read More »
The ETS is the EU’s key climate policy instrument. Simone Tagliapietra and Georg Zachmann write that when discussing the emissions trading system policymakers should remember five risks of undermining the system
Five reasons why attacking the EU carbon market is economic self-sabotage Read More »
Climate change has accelerated. James Talbot discusses the channels through which climate shocks affect the economy, the trade-offs they can present for policymakers and why central banks need to better understand these risks
Governments across the world are implementing policies to transition their economies to net zero. Solveig Erlandsen Sui-Jade Ho, Danae Kyriakopoulou, Arjun Mahalingam and James Talbot introduce a framework to assist central banks to understand the macroeconomic effects of the green transition
Understanding the impact of the green transition Read More »
Anthropogenic greenhouse gas emissions are rapidly warming our planet, with potentially severe economic, social, and health consequences. Diego Känzig and Adrien Bilal demonstrate that the economic case for unilateral decarbonisation is far stronger than previously thought
Why unilateral decarbonisation can pay for itself Read More »
The transition to a greener economy will entail reallocating workers from high-polluting to ‘green’ jobs. Emilia Soldani, Maxime Nguyen, Tomomi Tanaka and Orsetta Causa investigate the role of structural and policy factors in the transition
Labour market transitions in a greener economy Read More »
The social cost of carbon has been a critical component in shaping climate policy. Christoph Hambel, Ton van den Bremer and Frederick Van Der Ploeg propose a new way to price carbon
A new way to price carbon: understanding the social cost of carbon Read More »
Human-induced climate change is making disasters more frequent and more intense. Agnes Norris Keiller and John Van Reenen explore how management practices shape the impact of environmental shocks on firms
Managing to cope with natural disasters Read More »
The need to mitigate climate change has never been more urgent. Stéphane Dees Caterina Seghini discuss balancing climate mitigation and fiscal sustainability
The green transition and public finances Read More »
Europe needs to decarbonise. Ugnė Keliauskaitė, Ben McWilliams, Giovanni Sgaravatti and Simone Tagliapietra discuss the challenges of meeting EPBD targets and introducing ETS2 smoothly
How to finance the EU’s decarbonisation plan Read More »
