This paper explores implications of climate change for fiscal policy by assessing the impact of large scale extreme weather events on changes in public budgets. We apply alternative measures for large scale extreme weather events and conclude that the budgetary impact of such events ranges...

This chapter investigates the extent to which the European Union (EU)1 has incorporated climate change into its development cooperation policy. It describes the EU’s development cooperation policy, its evolution and its main principles (see Section 6.2), and focuses on the process of...

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...