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The short-term impact of COVID-19 on the environment is positive, as with the shutdown of economic activity carbon emissions have dropped. Once the crisis is over, emissions and environmental externalities are likely to rebound. Further, if the stimulus packages announced by the government are...
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The Sustainable Development Goals (SDGs) aim to achieve sustainable development for the service of all humanity. These 17 goals are adopted in 2015 by the member states to support many aspects of human development while addressing environmental issues. The SDGs rely on the partnerships of all...
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Climate change not only impacts production and market consumption, but also the relative scarcity of non-market goods, such as environmental amenities. We study fundamental drivers of the resulting relative price changes, their potential magnitude, and their implications for climate policy in...
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We study how the scarcity of non-market goods, such as environmental amenities, affects the economic appraisal of climate policy. To this end, we perform a comprehensive analysis of the change in relative prices of non-market goods in the widespread climate-economy model DICE. We show that DICE...
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