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Central banks worldwide are stepping up actions in relation to climate change and taking on an increasingly important role in supporting the energy transition. Given the prominent role that central banks play in the financial markets and in influencing financing conditions, they can act as a...
Persistent link: https://www.econbiz.de/10013164541
Persistent link: https://www.econbiz.de/10012642662
This study aims to develop an ecological stock-flow consistent (SFC) model based on the Latin American-stylized facts regarding economic, financial, and environmental features. We combine the macro-financial theoretical framework by Pérez-Caldentey et al. (2021, 2023) and the ecological...
Persistent link: https://www.econbiz.de/10014390228
1. Innovation and Smart Cities Research: A Review and Future Directions -- 2. The role of the fourth industrial revolution technologies in driving smart cities -- 3. Finance and economic return of smart city projects -- 4. Cities transformation and benefits of Smart Cities -- 5. Cities: the new...
Persistent link: https://www.econbiz.de/10014375041
Central banks worldwide are stepping up actions in relation to climate change and taking on an increasingly important role in supporting the energy transition. Given the prominent role that central banks play in the financial markets and in influencing financing conditions, they can act as a...
Persistent link: https://www.econbiz.de/10013185540
National commitments to cut greenhouse gas (GHG) emissions currently fall far short of what is needed to meet the goal of the 2015 Paris Agreement to limit global warming to 1.50 C and no more than 20 C. Meeting this goal will require an estimated 45% reduction in global emissions by 2030,...
Persistent link: https://www.econbiz.de/10012663589
This study aims to develop an ecological stock-flow consistent (SFC) model based on the Latin American-stylized facts regarding economic, financial, and environmental features. We combine the macro-financial theoretical framework by Pérez-Caldentey et al. (2021, 2023) and the ecological...
Persistent link: https://www.econbiz.de/10014474484
We demonstrate the advantages of a climate treaty based solely on rules for international permit markets when there is uncertainty about abatement costs and environmental damages. Such a ‘Rules Treaty’ comprises a scaling factor and a refunding rule. Each signatory can freely choose the...
Persistent link: https://www.econbiz.de/10009552905
Persistent link: https://www.econbiz.de/10010510382
In this paper we provide an overview of decision frameworks aimed at crafting an energy technology Research & Development portfolio, based on the results of three large expert elicitation studies and a large scale energy-economic model. We introduce importance sampling as a technique for...
Persistent link: https://www.econbiz.de/10010517699