In September 2020, President Xi Jinping announced that the People’s Republic of China will “aim to have CO2 emissions … targets for reaching net zero emissions, no pledge is as significant as China’s. The country is the world’s largest energy … consumer and carbon emitter, accounting for one-third of global CO2 emissions. The pace of China’s emissions reductions will be …

– and global inequity -, and run the risk of taking either excessive or insufficient action. This volume details the options …

and can create an incentive to delay investment. Our analysis results show that the risk premiums of climate change … end-users. Climate Policy Uncertainty and Investment Risk tells what can be done in policy design to reduce these costs. …