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. At the same time, these measures could also foster innovation, generate fiscal revenues and dampen inflationary pressures …
Persistent link: https://www.econbiz.de/10012830443
addressing global environmental challenges. It is also a key driver of markets for eco-innovation and sustainable economic … development. This report explores the barriers developing countries face in accessing markets for eco-innovation. It outlines the … mechanisms fails to recognise the critical importance of developing indigenous eco-innovation capabilities amongst developing …
Persistent link: https://www.econbiz.de/10012444225
We conduct a sensitivity analysis to describe conditions under which liquid fuel producers would fund the development of a climate backstop. We estimate (1) the cost to develop competitively priced direct CO₂ air capture technology, a possible climate backstop and (2) the effect of this...
Persistent link: https://www.econbiz.de/10014178220
In this paper, we examine the similarities and the differences between two global problems, the Coronavirus pandemic and climate change, and the extent to which the experience with the COVID-19 pandemic can be of use for tackling climate change. We show that both problems share the same...
Persistent link: https://www.econbiz.de/10014097434
We develop quantitative methods to support financial product analysis-redesign required by the Carbon Equivalence Principle (CEP) to achieve financial net-zero and thus carbon net-negative positions. We then apply the CEP analysis-redesign to project finance for power generation across a range...
Persistent link: https://www.econbiz.de/10013301082
We introduce the Carbon Equivalence Principle that requires carbon-equivalent flows enabled, or caused, by a financial product to have equal status with cashflows. This reveals that existing financial products already have environmental impact and so are ESG-linked, without the need for any...
Persistent link: https://www.econbiz.de/10013311432
technology can induce clean innovation, reducing emissions in the long-run. We use a general equilibrium model to show both …
Persistent link: https://www.econbiz.de/10014333456
Mitigating the worst consequences of climate change by transitioning to a net zero economy requires investment on a large scale. Directly pricing emissions, the first-best solution to drive capital reallocation, is considered politically infeasible—so policymakers put their currency in...
Persistent link: https://www.econbiz.de/10014361571
We propose changes to carbon emissions accounting standards that will improve reporting efficiency and accelerate progress toward effective climate solutions. The first section summarizes a method to account for emissions as liabilities tied to product or service outputs that pass down a supply...
Persistent link: https://www.econbiz.de/10014260656
We show that a technological breakthrough that reduces CO2 emissions per output can exacerbate the climate change problem: countries may respond by raising their emissions resulting in an increase of the stock of pollution that may reduce welfare. Using parameter values based on empirical...
Persistent link: https://www.econbiz.de/10014186291