This paper develops an analytical framework for studying the Baumol-Oates efficiency of traditional single instrument abatement policies vis-a-vis green defaults in the face of price inertia and deliberate defaulting of subpopulations. In this special case of behavioural heterogeneity command...

It is well established that adaptation and technological investment in each case may serve as a commitment device in international climate politics. This paper for the first time analyzes the combined impact of these two strategic variables on global mitigation within a noncooperative framework...

The strategy of adaptation to climate change has become a central topic within the UNFCCC negotiations in recent years. On the national level, adaptation plans are elaborated, and on the international level, the need for funding adaptation in developing countries is discussed. This tendency...

Grassland development serves as an important part of the national sustainable development strategy in China. This paper defines the strategic objectives of grassland development in China based on the national strategy, the current status of grassland development in China and the status of...

Research findings have proven that the willingness to take risks is distributed heterogeneously among individuals. In the general public, there is a widely held notion that individuals of certain nationalities tend to hold certain typical risk preferences. Furthermore, religious beliefs are...

Führt die zivilrechtliche Umwelthaftung in einem technisch und naturwissenschaftlich komplexen Bereich wie dem Umweltschutz zu einer Stärkung des Verursacherprinzips und zu erhöhter Sorgfalt, oder läuft sie hier ins Leere? Diese Frage beschäftigt Umweltjuristen und Umweltökonomen intensiv...

Der Markt für Architekten- und Ingenieursleistungen zeigt eine starke Segmentation. Einer kleinen Zahl umsatzstarker Bürogesellschaften steht eine Vielzahl von Einzelbüros gegenüber, die am Rande oder unterhalb der Schwelle zur Wirtschaftlichkeit arbeiten. Haftungs- und Deckungsausweitungen...

Urban infrastructure investment is needed for both, mitigation of climate risks and improved urban resiliency. Financing them requires the translation of those benefits into measurable returns on investment in the context of emerging risks that capital markets can understand and appreciate. This...

This paper examines the prospects and feasibility of using the Association Agreement between Ukraine and the EU as a roadmap for reorienting the Ukrainian brown economy toward a green economy, making use of green financial instruments in the process. The first chapter is dedicated to the concept...