In this paper, we use geospatial data and difference-in-differences models to identify the deforestation effects, during 2000-2013, of the leading forest policies in the Peruvian Amazon: i) logging concessions, ii) third-party certification of concessions, and iii) Protected Areas (PAs). We find...

We study the economic effects of the interaction of nature loss and climate change in a model that incorporates important aspects of both processes. We capture the distinct ways in which they affect economic activity--with nature constituting a key factor of production and climate change...

G-Cubed is a multi-country, multi-sector, intertemporal general equilibrium model that has been used to study a variety of policies in the areas of environmental regulation, tax reform, monetary and fiscal policy, and international trade. It is designed to bridge the gaps between three areas of...

Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. Our analysis explicitly takes into account that oil is a non-renewable natural resource. A blending mandate has no effect on total cumulative oil extraction....

Efforts to limit cumulative emissions over the next century may be partially thwarted by the responses of fossil fuel suppliers. Current price-cost margins for major reserves are ample, leaving scope for significant price reductions if climate policies reduce demand for fossil fuels through...

The most prevalent and perhaps most popular climate policies in the U.S. are Renewable PortfolioStandards (RPS) that mandate that renewables (e.g., wind and solar) produce a specifiedshare of electricity, yet little is known about their efficiency. Using the most comprehensivedata set ever...

The authors set out to explore some of the ways that equity has been considered in climate change discussions. They discuss per capita emission right approaches, and highlight key challenges in the application of equity in global climate change negotiations. They provide a brief overview of key...

This paper examines the energy savings, environmental benefits, and economic impact of green roof systems applied to a "micro" region in Western Turkey. This subdivision (Artur) in Karaağaç, Izmir, consists of 1729 residential units, mostly used as summer homes. The units are in 45m2, 60m2,...

Green growth entails several different kinds of processes: conversion to low-carbon energy, climate resilience, and response to climate shocks. Equity implies a fair sharing of the costs, within countries and between countries. The authors set out to explore some of the ways that equity has been...

Small island developing states (SIDS) are among the most vulnerable countries to the impacts of the coronavirus (COVID-19) crisis, which is disrupting key economic sectors that SIDS’ undiversified and already fragile economies strongly rely upon. While they are succeeding to contain the health...