Showing 1 - 10 of 67
We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk …, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer … response to specific proposals. If it has to deduce the vulnerability of regions by their actions, the resulting adaptation …
Persistent link: https://www.econbiz.de/10011615937
We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk …, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer … response to specific proposals. If it has to deduce the vulnerability of regions by their actions, the resulting adaptation …
Persistent link: https://www.econbiz.de/10011616351
adaptation measures in a poor country (South). I show that a necessary condition for North to invest into adaptation investments … funded adaptation measures also have a flavor of mitigation, i.e., apart from safeguarding South from climate damages they … adaptation and mitigation projects by international adaptation funding organizations, such as the Green Climate Fund. …
Persistent link: https://www.econbiz.de/10014290281
We empirically analyze the formation of international environmental agreements within a political economy framework. We develop a theoretical model of state dependent net benefits of ratification predicting (i) strategic behavior with respect to the timing of ratification and (ii) that...
Persistent link: https://www.econbiz.de/10010316041
The prevailing literature discusses intergenerational trade-offs predominantly in infinitely-lived agent models despite the finite lifetime of individuals. We discuss these trade-offs in a continuous time OLG framework and relate the results to the infinitely-lived agent setting. We identify...
Persistent link: https://www.econbiz.de/10010316064
We examine a global refunding scheme for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in...
Persistent link: https://www.econbiz.de/10010316065
We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...
Persistent link: https://www.econbiz.de/10011657106
We analyse a principal-agent relationship in the context of international climate policy. Principals in two countries first decide whether to merge domestic emission permit markets to an international market, then delegate the domestic permit supply to an agent. We find that principals select...
Persistent link: https://www.econbiz.de/10011685912
We analyse a principal-agent relationship in the context of international climate policy. Principals in two countries first decide whether to merge domestic emission permit markets to an international market, then delegate the domestic permit supply to an agent. We find that principals select...
Persistent link: https://www.econbiz.de/10011698682
We design a global refunding scheme as a new international approach to address climate change. A global refunding system allows each country to set its carbon emission tax, while aggregate tax revenues are partially refunded to member countries in proportion to the relative emission reductions...
Persistent link: https://www.econbiz.de/10011753133