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Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy : A Survey of the Issues

Demekas, Dimitri; Grippa, Pierpaolo - 2022

There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated....

Persistent link: https://www.econbiz.de/10013306708

Mitigating Climate Change : Growth-Friendly Policies to Achieve Net Zero Emissions by 2050

Jaumotte, Florence; Liu, Weifeng; McKibbin, Warwick - 2022

Background paper prepared for the October 2020 IMF World Economic Outlook. This paper provides a detailed presentation … of the simulation results from the October 2020 IMF World Economic Outlook chapter 3 and an additional scenario with …

Persistent link: https://www.econbiz.de/10013306768

Are Climate Change Policies Politically Costly?

Furceri, Davide; Ganslmeier, Michael; Ostry, Jonathan D. - 2022

Are policies designed to avert climate change (Climate Change Policies, or CCPs) politically costly? Using data on governmental popular support and the OECD’s Environmental Stringency Index, we find that CCPs are not necessarily politically costly: policy design matters. First, only...

Persistent link: https://www.econbiz.de/10013306798

Climate Action to Unlock the Inclusive Growth Story of the 21st Century

Bhattacharya, Amar; Ivanyna, Maksym; Oman, William; … - 2022

Climate change is a major threat to the sustainability and inclusiveness of our societies, and to the planet …-challenged world, and the importance of infrastructure investment geared toward such systems changes. The key policies to enable the … and innovation policies, building resilience and adaptation, better measurement of well-being and sustainability, and …

Persistent link: https://www.econbiz.de/10013306807

A Comprehensive Package of Macroeconomic Policy Measures for Implementing China's Climate Mitigation Strategy

Chen, Wenjie; Chateau, Jean; Jaumotte, Florence; … - 2022

This paper presents ways for China to achieve its climate goals while also attain high-quality growth—growth that is balanced, inclusive, and green. Using a dynamic computable general equilibrium model that is calibrated to China, multiple scenarios are considered that incorporate a sequence...

Persistent link: https://www.econbiz.de/10014079897

A Comprehensive Greenhouse Gas Mitigation Strategy for the Netherlands

Batini, Nicoletta; Black, Simon; Luca, Oana; Parry, Ian - 2022

The Netherlands has ambitious greenhouse gas emission reduction targets for the future - to cut them by 49 percent below 1990 levels by 2030 and 95 percent by 2050. These targets and the likely new EU-wide targets under the recent EU Green Deal entail a rapid acceleration in decarbonization....

Persistent link: https://www.econbiz.de/10013306753

Optimal Control of a Global Model of Climate Change with Adaptation and Mitigation

Atolia, Manoj - 2019

The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climatechange and the appropriate mitigation policy. We extend such a model to include optimalpolicies for mitigation, adaptation and infrastructure investment studying the dynamics of thetransition to a low...

Persistent link: https://www.econbiz.de/10012895108

Waiting for Godot? The Case for Climate Change Adaptation and Mitigation in Small Island States

Cevik, Serhan - 2022

Global warming is the most significant threat to ecosystems and people’s health and living standards, especially in small island states in the Caribbean and elsewhere. This paper contributes to the debate by analyzing different options to scale up climate change mitigation and adaptation. In...

Persistent link: https://www.econbiz.de/10014076817

The International Diffusion of Policies for Climate Change Mitigation

Linsenmeier, Manuel; Mohommad, Adil; Schwerhoff, Gregor - 2022

In this paper, we study the international diffusion of carbon pricing policies. In the first part, we empirically examine to what extent the adoption of carbon pricing in a given country can explain the subsequent adoption of the same policy in other countries. In the second part, we quantify...

Persistent link: https://www.econbiz.de/10014082212

Impact of COVID-19 on Attitudes to Climate Change and Support for Climate Policies

Mohommad, Adil; Pugacheva, Evgenia - 2022

This paper inquires into how individual attitudes to climate issues and support for climate policies have evolved in the context of the pandemic. Using data from a unique survey of 14,500 individuals across 16 major economies, this study shows that the experience of the COVID-19 pandemic...

Persistent link: https://www.econbiz.de/10013294995

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