African countries face a dual challenge of building broad-based prosperity for their citizens amidst the threat of climate change. The research has typically considered them separately. This paper reviews the state of the knowledge on energy transition modeling and projections in Africa, with...

We study the optimal adaptation to extreme climate events by the central government in a setup where events are dynamically uncertain and the government does not know the true probabilities of events. We analyze different policy decision rules minimizing expected welfare losses for sites with...

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, and the presence and nature of spillovers to...