On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.

Climate change will have an effect on the European Union. The repercussions will be regionally varied, with impacts on several sectors in the economy. Climate change has the particularity of being global with respect to the sources of emissions and local in the consequences (whether positive or...