The transformation from Kyoto to Paris has been analysed by international relations scholars, international law, and transnational governance theory. The international relations literature looks at the climate regime from a perspective of power distribution, state interests, institutions, and...

This Working Paper provides a concrete illustration of how the existing international financial architecture could be activated more fully to mobilize the large sums required to respond decisively to the “great divergence” in COVID-19 crisis recovery between advanced and developing countries...

Two phenomena are increasingly reshaping the world economy. One is the growing and well-documented importance of climate transition policies that differ across countries. The other is the stark rise of geoeconomic fragmentation (GEF) concerns. While differences in climate transition policies are...

Die Klimakonferenz in Kopenhagen im Dezember 2009 ist richtungweisend. Die G8-Länder haben sich grundsätzlich darauf verständigt, das Zwei- Grad-Ziel anzuerkennen. Viele Staaten haben wie Europa signalisiert, dass sie die Treibhausgasemissionen deutlich senken wollen. Der Erfolg von...

A necessary condition of an efficient global climate change mitigation policy is to equate marginal abatement costs across world regions to ensure use of the cheapest abatement options available. The welfare economic justification for such an approach rests on lump sum transfers between regions...

The subject of Climate Change is here to stay for at least the rest of the 21st century. The extent to which climate change can be expected; the importance in its determination of anthropogenic factors, relative to natural causes; its impact on world agriculture, migration patterns and economic...

The 27th Conference of the Parties (COP 27) to the United Nations Framework Conven­tion on Climate Change (UNFCCC) in Sharm el-Sheikh, Egypt, was marked by multiple crises and the shaken confidence of developing countries in the multilateral process. Nonetheless, an agreement was reached on the...