We examine a global refunding scheme for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in...

In Zusammenhang mit der Diskussion um eine nachhaltige Entwicklung in Deutschland werden ökonomische Steuerungsinstrumente erörtert, deren Einsatz auf eine Begrenzung des durch kommunale Baugebietsausweisungen induzierten Flächenverbrauchs abzielt. Vor diesem Hintergrund wird in dem...

We examine a global refunding scheme for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in...