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Climate change impacts on public finances around the world

Barrage, Lint - 2024

This article reviews a rapidly growing literature on how climatic risks and events affect public finances around the world. This literature includes empirical evaluations of how past climatic events have affected fiscal outcomes, empirical and model-based assessments of how climatic risks affect...

Persistent link: https://www.econbiz.de/10015098614

Growth and mitigation policies with uncertain climate damage

Bretschger, Lucas; Vinogradova, Alexandra - 2014

Climate physics predicts that the intensity of natural disasters will increase in the future due to climate change. We present a stochastic model of a growing economy where natural disasters are multiple and random, with damages driven by the economy's polluting activity. We provide a...

Persistent link: https://www.econbiz.de/10010438060

Global increase in climate-related disasters

Thomas, Vinod; López, Ramón - 2015

side and anthropogenic climate change on the other? This paper considers three main disaster risk factors - rising … intense climate-related natural disasters. In a regression analysis within a model of disaster risk determination for 1971 … implication is that climate mitigation and climate adaptation should form part of actions for disaster risk reduction. …

Persistent link: https://www.econbiz.de/10011404649

Escaping Damocles' sword : endogenous climate shocks in a growing economy

Bretschger, Lucas; Vinogradova, Alexandra - 2018

Climate economics has been criticized for ignoring uncertainty, catastrophic changes, and tipping points (Stern 2016). The present paper addresses these issues. We consider multiple climate shocks which are recurring, random, uninsurable, and potentially large. The associated damages and the...

Persistent link: https://www.econbiz.de/10011857735

Firm-Level Risk of Climate Change : Evidence from Climate Disasters

Ai, Li; Silva Gao, Lucia - 2023

While climate change impacts most regions, a company's physical location and geographic diversification could determine how it is affected by the risks associated with climate change. We explore information from extreme climate events to study whether and how they affect firm-level risks. The...

Persistent link: https://www.econbiz.de/10014256746

Climate risks and FDI

Gu, Grace Weishi; Hale, Galina - 2023

Persistent link: https://www.econbiz.de/10013503590

Health effects of climate change and mitigating effects of climate policies : evidence from Bangladesh

Eskander, Shaikh; Mahmud, Minhaj Uddin - 2024

that in utero exposure to rainfall variations negatively affects children's anthropometric outcomes. We then exploit the …

Persistent link: https://www.econbiz.de/10015142043

ACE – Analytic Climate Economy (with Temperature and Uncertainty)

Traeger, Christian P. - 2019

This paper is a revised version of: "https://ssrn.com/abstract=2667972" https://ssrn.com/abstract=2667972.The Analytic Climate Economy (ACE) closes a gap between analytic climate change assessments and quantitative numeric integrated assessment models (IAMs) used in policy advising. Its...

Persistent link: https://www.econbiz.de/10012896033

To what extent are temperature levels changing due to greenhouse gas emissions?

Dagsvik, John K.; Moen, Sigmund H. - 2023

Weather and temperatures vary in ways that are difficult to explain and predict precisely. In this article we review …

Persistent link: https://www.econbiz.de/10014390576

Financing the transition? : taking the temperature of European banks' corporate loan books a pilot study on banks' alignment with the temperature target of the Paris Agreement

Passaro, Raffaele; Schumacher, Benno; Helmke, Hannah; … - 2024

The Paris Agreement requires policy makers to keep the increase in global average temperature well below 2°C above pre-industrial levels, while pursuing efforts to limit the increase to 1.5°C. Furthermore, it demands finance flows to be consistent with pathways towards low greenhouse gas...

Persistent link: https://www.econbiz.de/10015135460