pt. 1. Law, financial development and economic growth -- pt. 2. The role of financial regulation -- pt. 3. Design of financial instruments -- pt. 4. Corporate governance and corporate social responsibility -- pt. 5. Comparative conclusions.

Climate change poses severe challenges to economic growth and financial stability, especially in developing countries with a more carbon-intensive economy and a greater exposure to climate-related damages. This paper proposes a simple model in which an emerging open economy, characterised by the...