optimal policy design in a context with more than one externality while taking explicitly into account uncertainty surrounding …-focused. Besides uncertainty on the state of the world concerning actual marginal emission damage, we consider the technological … progress through R&D as well as learning-by-doing. A portfolio of three policy instruments is then needed to cope with the …

Significant business risk derives from the likelihood that the policy and legal environment with respect to climate … disclosures law in the United States and Canada. The most dangerous policy risk faced by Canadian businesses stems ironically from …. Advice on how to manage this kind of risk is written largely on a tabula rasa; there is precious little "law" on climate …

" technologies. For firms with significant fossil-based knowledge, this implies that their firm (market) value is at risk. This … technological risk is also relevant for financial market actors, in particular institutional investors following long … count data model and explores whether institutional investors address technological transition risk via engagement …

responsiveness of mitigation to changes in adaptation decreases. Compared to a world without climate catastrophes, risk reduces the …This paper contributes to the normative literature on mitigation and adaptation by analyzing their optimal policy … balance in the context of climate catastrophic risk. The investigation enriches an integrated assessment model introducing the …