Several studies have examined the relationship between environmental degradation and economic growth. However, most of them did not take into account financial developments and institutional quality. Moreover, Stern (2004) noted that there are important econometric weaknesses in the earlier...

The Central and Eastern European countries significantly reduced their carbon dioxide (CO2) emissions between 1995 and 2003. Was this emission reduction just the fortuitous result of the major economic transformation undergone by countries in the transition? Or is it rather a result of more...

Global materials use is expected to grow in the coming decades in the absence of new policies, bearing substantial negative impacts for the environment. This report analyses the mechanisms through which resource efficiency and circular economy policies can achieve a decoupling between economic...

The electricity prices in developing countries are relatively low to recover its costs of generation and provision. This results in under-investment in infrastructure, which usually leads to frequent outages or rolling blackouts by the electricity suppliers. Outages may have an adverse impact on...

Digital transformation is increasingly recognised as a means to help unlocking the benefits of more inclusive and sustainable growth and enhanced social well-being. In the environmental context, digitalisation can contribute to decoupling economic activity from natural resource use and their...