This paper provides a primer on climate technology entrepreneurship, recognizing its limitations and potential adverse consequences. Climate technology entrepreneurship is needed to contribute to mitigation of and adaptation to climate change, and to help decouple economic growth from resource...

Concerns about offspring's life quality are often cited as a motivation for caring about climate change. This paper investigates the hypothesized causal effect of grandparenthood on climate change worries, using panel data surveys among British families. Specifically, we study whether becoming a...

This paper examines the effects of climate policies and energy shocks on mean and volatility spillovers between green and brown stock price indices in five countries (Canada, India, Japan, the UK and the US). More specifically, bivariate GARCH-BEKK models including dummy variables controlling...

Agroforestry systems are vital for sustainable development in Africa, offering significant benefits such as enhanced agricultural productivity, biodiversity conservation, and climate resilience. This study provides a detailed analysis of the past, present, and potential future distributions of...

This study examines the geographical spillover of the state-level average homeowners insurance cost for 48 US contiguous states. We estimate a panel spatial Durbin model with state and year fixed effect for data between 2001 and 2018. We found a significant positive spillover of average...

This study uses a novel dataset from 54 countries and regions to explore how exposure to climate change regulatory shocks influences firms' debt costs. The findings reveal that such exposure generally increases the cost of debt. However, this scenario is reversed for firms that find greater...

This study uses a novel measure of climate change exposure at the firm level to investigate the impact of climate change on the value of Asia-Pacific non-financial firms. We examine whether increased carbon disclosure mitigates this impact. The findings reveal that a one-standard-deviation...

Background: The increasing frequency and severity of extreme weather events (EWEs) as a consequence of climate change pose critical challenges on the transport and logistics sector, hence requiring systematic evaluation and strategic adaptation. Methods: This study conducts a comprehensive...

While many of the studies to date have focused on the production end of the value chain-i.e., ways to help farmers grow more food, there is limited evidence regarding the impacts of climate shocks on the other stages of agricultural value chains. Recognizing that food security is not just an...

In this paper, we use a theoretical model to show that the development of the tourism industry is very likely to significantly reduce environmental problems in Mongolia. Among other issues, Mongolia suffers from an excessively large livestock population, which causes considerable environmental...

Carbon Capture and Utilisation (CCU) is one of the more mature approaches to carbon neutrality, yet simultaneously one of the least understood or categorically defined. This paper intends to provide a broad-based overview of CCU, as well as a deeper dive that will incorporate scalability, market...

The present article is an introduction to the special issue of the PSL Quarterly Review organized by José Luis Oreiro (University of Brasília) and Giulio Guarini (Tuscia University) with a selection of the best articles presented in the IV International Workshop of the Structualist Development...

The European Union has reformed its fiscal rules in late 2024, making debt sustainability analysis (DSAs) the central steering tool for European fiscal policy. DSAs will be used to project debt-to-GDP ratios and derive fiscal policy requirements. In this paper, we show that DSAs currently...

The war in Ukraine triggered a big energy crisis, which particularly escalated in the winter of 2023 throughout all Europe. The crisis was a good opportunity for policymakers to encourage people to save electricity in the household. The aim of this paper is to analyse the changes in electricity...

What defines the role of public savings banks("Sparkassen") in tackling the socio-ecological challenges related to planetary boundaries, such as climate change and loss of biodiversity? A clear answer to this question is still lacking, in spite of that fact that the German Sparkassen have...

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...

We develop a novel stress testing framework to quantify the risks to the German banking sector from the green transition. Our methodology combines a macro-level and a micro-level approach to calculate scenario-dependent probabilities of default and losses. The macro approach leverages...

It is now a well-known fact that climate is changing globally at an unprecedented rate and agriculture is one of the most vulnerable sectors to this change. Considered as a significant threat for food security, climate change and its impact on agricultural practices are among the most prominent...

Purpose - This study examines the impact of firm-level climate risk exposure (FCRE) on firm stock liquidity by using a sample of Indian-listed firms from the financial years 2003-2004 to 2022-2023. Further, it endeavors to investigate the moderating role of environmental, social and governance...

This paper explores the distributive impact of a hypothetical carbon tax on households' transport and energy consumption in Belgium. It focuses on the welfare effects across population groups and along the income distribution, as well as on the expected budgetary and environmental effects,...