Natural disasters are on the rise worldwide. There are more and more intense natural disasters - which are defined to cause at least 100 deaths or to affect the basic survival needs of at least 1,000 people - resulting from floods and storms as well as droughts and heat waves. The Asia and the...

Theoretical analysis and empirical evidence show that leadership behavior in climate policy through increased abatement efforts or international transfers cannot be expected to be very successful. In this paper we instead show that pioneering activities, which are based on green technological...