This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...

Innovation is crucial to business survival, competitiveness and growth. Moreover, its importance to economic development cannot be understated. So why do British companies fail to innovate sufficiently? And should support be more forthcoming from government? The team of economists,...

Monetary valuation of climate-change impacts, and the cost-benefit analysis of climate-change policy into which it feeds, has long been controversial. Writers in ecological economics have done much to illuminate its difficulties. For the purposes of this paper, the key difficulties of the...