Assessment of agricultural vulnerability to climate change is a prerequisite for developing effective adaptation options and strategies for the future. While assessment approaches vary across sectors and countries, there is a need to devise an effective method to assess agricultural...

China faces significant challenges in reconciling food security goals with the objective of becoming a low-carbon economy. Agriculture accounts for approximately 11 % of China’s national greenhouse gas (GHG) emissions with cereal production representing a large proportion (about 32 %) of...

Investment in low carbon infrastructure is considered an important component of the fight against climate change. The mechanisms of climate regulation (such as carbon offsets) transfer to project developers the risks associated with reducing emissions of greenhouse gas (GHG) emissions, i.e....

The electricity sector is the single most important EU ETS sector and will have determinant role in EU ETS emissions and emissions reductions. As such, understanding the reaction of the sector to EUA or carbon permit prices, both in the short-term (production) and in the long-term (investment)...

The Stern Review constitutes today the most complete and didactic synthesis of the economics of climate change. Despite appearances, it is not, however, a simple reference manual. Its most attractive feature is the author’s commitment to action in the face of climactic risk. The report’s...

According to the Stern Report on climate change, the course of the next fifty years is set: present policies will impact only in the very long term, fifty to two hundred years from now. There is no market for interest rates, so far into the future, and economists must find other ways to set...

In the wake of the Copenhagen Conference and the outstanding issue of shaping climate change mitigation for the period beyond that covered by the Kyoto protocol, this paper puts into context the various economic instruments available fot tackling climate change, and highlights the emergence, as...

The aim of this article is to investigate whether anticipated technological progress can be expected to be strong enough to offset carbon dioxide (CO2)emissions resulting from the rapid growth of air transport. Aviation CO2 emissions projections are provided at the worldwide level and for eight...