While climate change is widely considered as a major challenge for societies, another pressing global environmental problem, i.e. the loss of biodiversity, is often given less attention despite its strong negative consequences for ecosystems and thus for human life. In light of the strong...

Green finance is the basis for the development of sustain-able financing of environmental projects with the aim of respectingenvironmental and social aspects in making investment decisions.The development of green finance enables a green transition towardseconomic growth that will be sustainable...

The traditional image of Latin America as a troubled region seems to continue even after the Covid-19 crisis, this time in the wake of the war in Ukraine and the sanctions imposed by the West. Inflationary pressures, budget deficits and the danger that broad sections of the population will slip...

Climate policy in the European Union (EU) and Germany changed significantly with the adoption of net-zero emissions targets. A key new development is the growing importance of carbon management. The umbrella term includes not only the capture and storage of CO2 (carbon capture and storage, CCS),...

While climate change is widely considered as a major challenge for societies, another pressing global environmental problem, i.e. the loss of biodiversity, is often given less attention despite its strong negative consequences for ecosystems and thus for human life. In light of the strong...

This paper investigates how firms navigate the dual challenges of digitalisation and climate change. Our comprehensive approach considers climate change strategies, distinguishing adaptation-only, mitigation-only and 'dual' adaptation and mitigation strategies. Drawing on theoretical insights...

The new loss and damage funding framework under the United Nations Framework Convention on Climate Change (UNFCCC) emphasises the importance of channelling support through national systems and mechanisms. This approach could prove particularly challenging for African least developed ountries...

We investigate whether climate activism favors pro-environmental consumption by examining the impact of Fridays for Future (FFF) protests in Italy on second-hand automobile sales in rallyaffected areas. Leveraging data on 10 million automobile transactions occurring before and after FFF...

Despite decades of global attention, effective climate policy implementation remains challenging, with firms and investors often grappling with uncertainty about potential policymaking in addition to actual policy changes. This paper introduces a novel Climate Policy Uncertainty (CPU) index,...

Urban planning, through design and land use allocation, affects urban climate dynamics and patterns at different atmospheric layers and spatial scales. Climate sensitive planning and design draws attention to the consideration of climate parameters for decision making. Seeking to contribute to...

This paper formalizes the geopolitical externality of climate policy and estimates its plausible magnitudes. Specifically, domestic reductions in fossil fuel demand depress global prices, thereby lowering export revenues for resource-rich autocracies - many of which allocate substantial...

Climate change and economic inequality are two critical and interlinked global challenges. The feasibility of jointly reducing greenhouse gas emissions and inequality has often been questioned. Here, we aim to test whether a properly designed mix of progressive and environmental fiscal policies...

Climate change stands as one of the most formidable challenges in the twenty-first century. Despite this, our understanding of the unfolding and interconnection of climate-related physical and transitional risks, and their implications for socioeconomic dynamics along various transition...

This paper empirically examines the multiple impacts of alternative, major fiscal instruments on decarbonization in countries in the Middle East and North Africa. It also examines the effects of decarbonization pathways on decarbonization, using a database covering 41 countries, including...

Sustainable development experts and policy makers expect carbon markets to drive climate finance and help meet climate goals. Carbon pricing and carbon markets continue to evolve and grow. New schemes and instruments were introduced with fiscal revenues reaching a record $104 billion from carbon...

Environmental policies such as the European Union Emissions Trading System (EU ETS) raise concerns about their impact on local employment and competitiveness. Yet, existing EU ETS studies focus on firm-level outcomes during the initial phases of the program. We construct a panel dataset of about...

This study offers the first analysis of environmental and climate inequalities at the census tract level in Italy, providing valuable insights into spatial patterns of environmental and social vulnerability. The results highlight significant environmental inequality related to exposure to air...

• By reducing reliance on fossil fuels, EU climate policy substantially lowers Russia's financial strength, thereby limiting its military capabilities to sustain its aggression on Ukraine and beyond. • We provide estimates for the security dividend of EU climate policy. • A one-euro...

The present endeavour attempts to assess the impact of increased carbon emissions on the global mean annual temperature by employing an autoregressive distributed lag model (ARDL) on time series data for 1970-2020. The study aims to predict the expected increase in global mean temperature until...

European climate policy was traditionally pursued in the expectation of global policy convergence, ensuring equal opportunities for domestic and foreign firms in achieving climate neutrality. However, increasing geopolitical fragmentation has disrupted this expectation. Across the globe,...

This paper aims to empirically determine the impact of the digital transformation procedure on climate risks. Digitalization is captured by four elements, including digital connectivity (DESI_CONN), digital public services (DESI_DPS), digital human capital (DESI_HC), and integration of digital...

Die Klimakrise stellt eine zunehmende Herausforderung dar, insbesondere für junge Menschen, die sich häufig ohnmächtig gegenüber den Folgen des Klimawandels fühlen. Bildung kann dabei eine zentrale Rolle einnehmen, indem sie Selbstwirksamkeit stärkt und zur aktiven Beteiligung am...

Climate change indicators are a measurable and acceptable method of collecting evidence of changes in the Earth’s climate throughout time. Thus, climate change indicators capture the total impact of climate change on all economic activities and their participants. These indicators are used by...

This paper examines how African cities can reconcile rapid urbanization and development imperatives with urgent decarbonization goals through structural transformation. It begins by mapping key sources of urban carbon - energy poverty, inefficient buildings, poor planning, transport systems,...

This paper applies a fractional integration framework to investigate the behaviour of the stock returns of two sets of representative US companies with different environmental profiles, namely green versus polluting firms, as well as of the widely used CPU (Climate Policy Uncertainty) index over...

The vast majority of Europeans continues to support action to combat climate change, but many are losing faith in governments to deliver a transition that is effective and fair. Based on a large-scale questionnaire answered by nearly 8000 people in five EU countries in 2024, with a comparison to...