Underlying the management of revenues from natural resource extraction is a set of assumptions about how abundant and how valuable these resources are. Nevertheless, existing approaches to measuring the value of extractive resources are seriously flawed. This paper proposes two avenues for...

The aim of this report is to ascertain priority concerns for further climate proofing action through opposing current EU efforts to different threats, and suggest complementary options (cf. chapter 3) for the following four sectors: (1) Energy, (2) Transport infrastructure, (3) Urban areas, and...

Climate disaster events are expected to displace at least 1.2 billion people by 2050. However, “climate refugees,” or individuals displaced in the context of disasters and climate change, lack international legal recognition and protection. In 2020, an international tribunal acknowledged in...

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...

This note gives a brief, non-rigorous sketch of basic optimal control theory, which is a useful tool in several simple economic problems,such as those in resource and environmental economics. While the mathematical analysis in the note is self-contained, there is not much explanation and...

The article is devoted to the increasing importance of global warming and the active attention to these issues by key actors in geo-economics. The problems of the balance of forces between the leading world centers - China, the US and the EU in the modern geo-economic confrontation is connected...

The recent United Nations Framework Convention on Climate Change was the 27th ‘Conference of the Parties’ since 1992. Better known as COP 27, it has widely been derided as ‘COP OUT 27’, for achieving few, if any, significant, actionable outcomes, especially in comparison to the sheer...