Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects...

Reduction of carbon dioxide emission is of great significance to the sustainability of global development. For the developing countries, however, carbon reduction is perceived costly for its possible dampening effect on economic growth. This paper builds a Low-Carbon Development Index to assess...