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Climate change entails risks to the global economy and impacts financial stability. Beyond managing related risks, the financial sector can also contribute to the transition toward a net-zero economy. Guided by the ECB's climate and nature plan1 , this paper discusses the methodology and key...
Persistent link: https://www.econbiz.de/10014515784
We examine the impact of temperature shocks and climate change on household financial behaviour in Viet Nam. To do so, we first estimate the effect of temperature on household borrowing and savings using Vietnamese longitudinal data that matches satellite reanalysis temperature data with...
Persistent link: https://www.econbiz.de/10014314662
Climate change is a significant threat to sustainable development (SD). Using the Log-Mean Divisia Index Method (LMDI) a decomposition of the data on the greenhouse gas (GHG) emissions in the European Union (EU) in 2000-2013 is carried out. To detect if decoupling of the environmental variable...
Persistent link: https://www.econbiz.de/10012952172
vulnerable than richer ones. A meta-analysis of the impact of weather shocks reveals that studies, which relate economic growth … implied by studies of the impact of climate change is close to the growth impact estimated as a function of weather shocks …
Persistent link: https://www.econbiz.de/10013362448
Persistent link: https://www.econbiz.de/10012440123
Based on a life-cycle sustainability assessment and the calculation of carbon abatement costs, we quantify the greenhouse-gas emission reductions and costs if green waste in the metropolitan region of Berlin, Germany, is diverted from composting into the production of hydrothermally carbonized...
Persistent link: https://www.econbiz.de/10011746574
The effects of extreme weather events, such as heat waves and droughts are taken into account in both global and … extreme weather events, in particular, droughts and high temperatures, for the German power sector. Furthermore, we consider … droughts. We stress that increasing frequencies of such extreme weather events will aggravate the observed problem, especially …
Persistent link: https://www.econbiz.de/10012295795
The Paris Agreement invites signatory countries to formulate and communicate long-term low greenhouse gas emission development strategies (LT-LEDS). This report compares the experience of three developed countries that have communicated LT-LEDS within the framework of the United Nations...
Persistent link: https://www.econbiz.de/10012422646
The purpose of this study is investigating the homogeneity of the European Union countries (hereinafter: EU countries) according to the achieved level of environmental performance in agriculture and climate change in 2020. The data used for this study are from an internationally comparable...
Persistent link: https://www.econbiz.de/10014281867
The purpose of this article is twofold: First to discuss three misconceptions in the debate on climate policies: i) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate change, and iii) that the only policy tool needed is to...
Persistent link: https://www.econbiz.de/10012166055