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 »
Europe faces a large climate investment gap. Irene Monasterolo, Antonia Pacelli, Marco Pagano and Carmine Russo propose filling this gap through the joint issuance of European climate bonds that would be funded by selling GHG emission allowances via the ETS extended to all sectors
Accelerating climate investment in the EU Read More »
Dirk Schoenmaker and Hesse McKechnie argue that central banks should take a macro approach to managing system-wide risks stemming from the climate transition to net zero
What can central banks do to take the Paris Agreement seriously? Read More »
Extreme weather events are bringing devastating consequences for an increasing number of people. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight the uncertainties and the importance of continued dialogue to refine our understanding of climate-induced economic losses
Measuring economic losses caused by climate change 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 »
Failure to meet the Paris climate goals poses economic challenges that have an impact on central banks’ work, argues Frank Elderson. To avoid long-term policy mistakes, policymakers must address the resulting structural changes
“Know thyself” – avoiding policy mistakes in light of the prevailing climate science Read More »
Simon Voigts and Anne-Charlotte Paret assess emissions reduction, fiscal costs and the macro effects of the Inflation Reduction Act
An assessment of IRA climate measures Read More »
Giovanni Sgaravatti writes that there are three possible policy pathways that could lead to improvement and systemic change in the aviation and maritime sectors
The struggle to cut emissions from international aviation and shipping Read More »
Sabine Mauderer argues that reducing uncertainty about climate change will help us to embrace the opportunities of the green transition
Looking at the opportunities – on the way to a sustainable economy Read More »
