In this paper, we explore the importance of accounting for climate when determining the impact of weather on product sales. Using a France-wide scanner panel dataset provided by our industry partner, we show that if climate is not accounted for, product categories may be misclassified as being...

Geopolitics is an overarching characteristic of much of this outlook for the key themes in the global energy economy in 2025. The start of Donald Trump’s second term in the White House will herald new pressures to multiple layers of the global economy, from trade to labour, monetary policy to...

Greenwashing is a generic term used for breaches and misleading claims about the sustainability credentials of various legal provisions, ranging from unfair competition, securities laws infringements and unethical advertising to wrong corporate disclosure. This paper focuses on the latter....

We investigate how occupation influences the relationship between temperature and mortality in Mexico. Using multiple decades of nationwide death records---which include information on occupation---linked to local weather data, we find that heat-related mortality risk varies sharply by...

We investigate how occupation influences the relationship between temperature and mortality in Mexico. Using multiple decades of nationwide death records - which include information on occupation - linked to local weather data, we find that heat-related mortality risk varies sharply by...

Mozambique is highly vulnerable to climate change. It faces frequent cyclones, floods, and droughts while having limited revenue collection capacity and social protection programmes. This paper assesses the distributional effects of climate shocks on household consumption and explores adaptation...

We are currently witnessing complex interactions between climate change, development and security challenges, and social relations in many contexts globally. Programming focusing on these issues, especially with a focus on social cohesion, is rapidly expanding. However, data on the linkages...

All countries in Sub-Saharan Africa have submitted Nationally Determined Contributions (NDCs) as part of their respective commitments to climate action, and they will start to share updated versions of their NDCs in 2025. While various analyses have documented and analysed the significant...

Capital Redefined presents a unique perspective on the nature of "capital," departing from the prevailing reductionist accounts. Hosseini and Gills offer an expanded perspective on Marxian value theory by addressing its main limitations and building their own integrative value theory. They argue...

Extreme weather induced migration is a growing concern for low and middle income countries due to the increased variability in the weather and the increase in the number of extreme weather disasters associated with climate change. The objective of this paper is to examine the inter-linkages...

The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas, and metals (emphasizing the increasing...

This study examines the effect of climate on citywide labour productivity in the Accra city region. We use data from Ghana's Integrated Business and Establishment Survey dataset, climate data at the sub-city level from Ghana Meteorological Agency, and satellite and reanalysis data, as well as...

Climate impacts are intensifying, but knowledge of social impacts is limited. This DIIS Report documents novel findings of considerable social cohesion losses in highly vulnerable areas of the Sahel and West Africa affected by climate change, forced mobility and insecurity. It finds that social...

In July 2021, unprecedented water levels affected Germany, Belgium, and the Netherlands. From July 12 to 15, 2021, a storm complex stalled over the European region, leading to heavy rain and flooding. In Germany, a month's rainfall fell within 48 hours. Soils were heavily saturated after a wet...

Extreme climate events and factors related to the transition to a low-carbon economy can give rise to risk events capable of generating negative impacts on development financing by affecting the balance sheet of financial institutions and the stability of the financial system. The Bank for...

The Biden administration has been arguably the greenest in US history, but the polls show that there's about a fifty-fifty chance that he will be followed by one of the least climate-friendly presidents. So this November, the choice at the ballot box will be a stark one for climate policies,...

We report results from a pre-registered field experiment about the impact of index provider engagement on corporate climate policy. A randomly chosen group of 300 out of 1227 international companies received a letter from an index provider, encouraging the company to commit to setting a...

The impacts of climate change on developing economies are becoming increasingly severe, creating challenges for risk management and requiring enhanced levels of resilience. This paper explores how to mitigate the effects of such climate shocks on developing economies, placing a particular focus...

Natural disasters can cause substantial damage to public and private sector infrastructure capital, generating macroeconomic losses through complex channels. These shocks must be managed and accounted for with macrofiscal and monetary policy to minimize their welfare impacts. To support this...

This gas-focused edition of the Oxford Energy Forum updates the scorecard on the key issues driving medium to long-term gas demand prospects in key consuming countries. Whether it is European climate policy and the regulation of decarbonized gases, the demand outlook for Asian industrial...

This report provides an up-to-date overview of environment and climate in the Western Balkans (WB) highlighting existing gaps with respect to the EU acquis. The aim is to provide accurate and complete environmental information to monitor the progress in the accession process, as well as to...

We report results from a pre-registered field experiment about the impact of index provider engagement on corporate climate policy. A randomly chosen group of 300 out of 1227 international companies received a letter from an index provider, encouraging the company to commit to setting a...

The impacts of climate change on developing economies are becoming increasingly severe, creating challenges for risk management and requiring enhanced levels of resilience. This paper explores how to mitigate the effects of such climate shocks on developing economies, placing a particular focus...

This paper introduces the concept of "climate matching" as a driver of migration and establishes several new results. First, we show that climate strongly predicts the spatial distribution of immigrants in the US, both historically (1880) and more recently (2015), whereby movers select...

The Biden administration has been arguably the greenest in US history, but the polls show that there's about a fifty-fifty chance that he will be followed by one of the least climate-friendly presidents. So this November, the choice at the ballot box will be a stark one for climate policies,...

We establish the financial materiality of temperature variability by demonstrating its impact on US firms and investors. A long-short strategy that sorts firms based on exposure earns a market-adjusted alpha of 39 basis points per month. This variability metric is related to aggregate decreases...

Climate impacts are intensifying, but knowledge of social impacts is limited. This DIIS Report documents novel findings of considerable social cohesion losses in highly vulnerable areas of the Sahel and West Africa affected by climate change, forced mobility and insecurity. It finds that social...

The extractives industries are highly controversial but remain vitally important in much of the developing world. This paper considers their role in reducing energy poverty and discusses scenarios for the future of the global markets for oil, gas, and metals (emphasizing the increasing...