The Paris Agreement on Climate Change requests signatory countries to specify voluntary caps on their greenhouse gas emissions. The caps stated by the end of 2021 imply percentage emission reductions that vary widely across countries. This paper uses globally representative data from the Global...

Despite significant progress, air pollution still causes €600 billion in losses each year in the European Union - equal to 4 percent of its annual GDP. These costs stem from productivity losses such as increased absenteeism, the reduction of in-job productivity and harm to ecosystems. Air...

We investigate financial experts' beliefs about climate risk pricing and analyze how those beliefs influence stock return expectations. In a comprehensive survey, we elicit experts' beliefs using both structured and open-ended questions. We establish that most experts share the view that climate...

Die Auswirkungen der Erderwärmung - wie Dürren, Ernteausfälle und Waldbrände, aber auch Starkregen und Überschwemmungen - treten immer häufiger und heftiger auf. Im Zukunftsimpuls "Klimafolgenanpassung: gutes Leben in einer sich rasant verändernden Welt absichern" zeigen Forschende des...

This book asks the question, how would economics look today and into the future if one started with a blank sheet of paper? Written mainly for a technical audience, yet accessible to the lay reader, Economics of a Crowded Planet addresses the ontology, epistemology and methodology of a future...