Tenure insecurity can have important consequences for the conservation of natural resources. Land titling is often considered a solution to the problem of weak investment incentives under tenure insecurity. Using a large plot-level dataset from Malawi, this paper shows that land titling alone...

The combined influences of a change in climate and the increased concentration of property and economic activity in hazard-prone areas has the potential to threaten the availability and affordability of insurance in some regions. This paper evaluates the premiums that private insurers are likely...

The conceptual basis and numerical quantification of the time discount rate (or rates) to use for the comparison of policies or projects from a national perspective have been extensively debated for over half a century. Many differences remain, some continuing over many decades and some emerging...

Over the past decade, growth in insurance demand in the BRICS economies has been a key driver of global non-life premium growth. Current forecasts suggest that these markets will continue to be areas of significant growth over the coming decade. We consider how climate change may influence these...

Current models of conservation auctions do not permit for the presence of environmental externalities and synergies between bidders. Yet, conservation auctions are usually set up for the very purpose of addressing problems associated with environmental externalities. Clearly, our models do not...

Countries aiming to achieve ambitious international and national climate objectives need to integrate climate considerations into all sectoral policies. This contribution argues that since climate change is a diffuse and complex challenge, Climate Policy Integration cannot simply be modeled...

Insurance demand is driven by many factors, but for the emerging economies, one of the most significant historical drivers of growth has been income per capita. Based on a simple forecasting approach, we project that insurance penetration in the BRICS economies could increase at a rate of...

Measuring consumption-based emissions and the implied embodied emissions in trade (EET) has seen a resurgence in recent years, with a growing number of papers reporting country-level embodied emissions in imports and exports, as well as the net balance of embodied emissions in trade. This paper...

Risk transfer, including insurance, is widely recognized as a tool for increasing financial resilience to severe weather events such as floods. The application of this mechanism varies widely across countries, with a range of different types and schemes in operation. While most of the analytical...

The Clean Development Mechanism (CDM) of the Kyoto Protocol has a dual objective: to encourage low-cost emission reduction and to promote sustainable development in the host countries of CDM projects. The CDM has by and large delivered on the first objective but arguably not on the second. This...