The main objective of the paper is to analyze the effects on economic agents’ behavior deriving from the introduction of financial activities aimed to environmental protection. The environmental protection mechanism we study should permit exchange of financial activities among citizens, firms,...

La gestión eficiente de ciertos recursos renovables caracterizados por la propiedad común y el libre acceso ha estado mediatizada por la denominada «Tragedia de los Comunes». La literatura pionera en este campo enfatizaba la necesidad de un marco regulatorio que superara esta tendencia hacia...

This paper makes some steps toward a formal political economy of environmental policy. Economists' quasi-unanimous preferences for sophisticated incentive regulation is reconsidered.

The Global Sustainability Panel (GSP), formed by UN Secretary-General Ban Ki-moon in August 2010, was asked to think big – to come up with a 'new development paradigm' and mechanisms for putting it into practice. Its product was, among other things, meant to help frame the forthcoming third...

The Paper aims at recycling of the MSW in the condition of Slovak Republic. Waste management is facing big criticism in Slovakia. It is one of the environmental policies that is written in political strategies but not taken seriously. Environmental policy has not been given any priority in the...

In this work, we propose to reduce the initial building construction cost by using local low-embodied energy materials and use savings to offset the cost of renewable energy installations. A typical house in the desert climate of inland Lebanon is modeled using commercial software for a...

The paper analyzes international environmental agreements that incorporate transfers from a group of industrialized countries to developing countries in a situation of asymmetric information. The framework of the analysis is a static model of transboundary pollution in which information on...