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Climate actions and stranded assets : the role of financial regulation and monetary policy
Diluiso, Francesca; Annicchiarico, Barbara; Kalkuhl, … - 2020
are limited for a credible, exponentially growing carbon price, although temporary "green paradoxes" phenomena may … materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes … effective stimulus without compromising the objective of price stability. Our results suggest that the involvement of central …
Persistent link: https://www.econbiz.de/10012260638
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Climate Actions and Stranded Assets : The Role of Financial Regulation and Monetary Policy
Diluiso, Francesca - 2020
are limited for a credible, exponentially growing carbon price, although temporary “green paradoxes” phenomena may … materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes … effective stimulus without compromising the objective of price stability. Our results suggest that the involvement of central …
Persistent link: https://www.econbiz.de/10012825396
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Climate Actions and Stranded Assets : The Role of Financial Regulation and Monetary Policy
Diluiso, Francesca - 2020
are limited for a credible, exponentially growing carbon price, although temporary "green paradoxes" phenomena may … materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes … effective stimulus without compromising the objective of price stability. Our results suggest that the involvement of central …
Persistent link: https://www.econbiz.de/10012827643
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A public choice framework for climate adaptation : barriers to efficient adaptation and lessons learned from German flood disasters
Gawel, Erik; Lehmann, Paul; Strunz, Sebastian; Heuson, … - 2016
In this paper, we propose a comprehensive Public Choice framework to identify and categorize barriers to efficient public climate adaptation. Specifically, we distinguish three dimensions of public adaptation: extent, structure (form and timing) and organisation (vertical and horizontal). Within...
Persistent link: https://www.econbiz.de/10011455349
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Trade, climate policy and carbon leakage : theory and empirical evidence
Aichele, Rahel - 2013
This volume was prepared by Rahel Aichele while she was working at the ifo Institute. It was completed in December 2012 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes five self-contained chapters. The chapters investigate how, in a...
Persistent link: https://www.econbiz.de/10011744093
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Climate policies and nationally determined contributions : reconciling the needed ambition with the political economy
Vogt-Schilb, Adrien; Hallegatte, Stéphane - 2017
minimize social and economic disruptions and avoid stranded assets, policymakers can start with a low carbon price level and …
Persistent link: https://www.econbiz.de/10011660858
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DICE-RD : an implementation of rate-related damages in the DICE model
Michaelis, Peter; Wirths, Heiko - 2019 - Preliminary version
A growing body of literature from the natural and the social sciences indicates that the rate of temperature increase is another key driver of total climate damages, next to the absolute increase in temperature compared to the pre-industrial level. Nonetheless, the damage functions employed in...
Persistent link: https://www.econbiz.de/10012027045
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Climate change related risks, opportunities and adaptation actions in European cities : insights from responses to the CDP cities program
Groth, Markus; Brück, Maria; Oberascher, Teresa - 2015
Cities, home to more than half of the world’s population and important economic hubs, are vulnerable to climate change and worthy to protect. To address these challenges, implementing adaptation measures is inevitable. The paper provides insights into climate change related risks,...
Persistent link: https://www.econbiz.de/10011389352
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EU climate and energy policy beyond 2020 : are additional targets and instruments for renewables economically reasonable?
Sijm, Jos; Lehmann, Paul; Chewpreecha, Unnada; Gawel, Erik - 2014
The European Council has proposed to stick to a more ambitious GHG target but to scrap a binding RES target for the post-2020 period. This is in line with many existing assessments which demonstrate that additional RES policies impair the cost-effectiveness of addressing a single CO2...
Persistent link: https://www.econbiz.de/10010426004
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On the relevance of ideological identification and environmental values for beliefs and attitudes toward climate change : an empirical cross country analysis
Ziegler, Andreas - 2015
) willingness to pay a price premium for climate-friendly products in three countries which are key players in international climate … willingness to pay a price premium, whereas ideological differences are negligible for climate change beliefs. In contrast, a …
Persistent link: https://www.econbiz.de/10010531028