The paper examines the role of foreign aid in building capacity to address climate change. While the experience with this topic is relatively recent and not yet extensive, analogous questions have arisen in many other areas of foreign aid. It is likely that climate change aid programmes work...

Climate change, especially the warming trend experienced by several countries, could affect agricultural productivity. As a consequence, rural incomes will change, and with them the incentives for people to remain in rural areas. Using data from 116 countries between 1960 and 2000, we analyze...

I show that rising temperatures can detrimentally affect the sovereign creditworthiness of emerging economies. To this end, I collect long-term monthly temperature data of 54 emerging countries. I calculate a country’s temperature deviation from its historical average, which approximates...