Purpose: The purpose of the study is to evaluate the European Union’s "Fit for 55" plan, announced in 2021, which intends to meet a 2030 goal of reducing carbon emissions by 55 percent from 1990 levels. Design/methodology/approach: An analytical model is used to assess the impact of the EU...

We provide ex-post empirical analysis of the effects of climate policies on carbon dioxide emissions at the aggregate national level. Our results are based on a comprehensive database of 121 countries. As climate policies we examine carbon taxes and emissions trading systems (ETS), as well as...

The UK has pledged to cut greenhouse gases 68 percent below 1990 levels by 2030, to be emissions neutral by 2050, and to phase out internal combustion engine vehicles by 2030. Much progress has been made, but fully achieving these ambitious objectives with the current policy framework will be...

This paper aims to analyse European climate policy's state of the art concerning the urgent need to decarbonize society and the economy and meet pressing climate demands. Decarbonization refers to the progressive reduction of the carbon-to-hydrogen ratio within energy sources. The primary...

Economic development and climate change constitute two of today's major international policy challenges. While development cooperation has long been on the political agenda, addressing global climate change has gained policymakers' attention more recently. Transfers for financing single projects...