An increase of e100 per tonne in the EU carbon price reduces the carbon footprint but lowers GDP due to higher energy costs and carbon leakage. Using a dynamic multi-sector, multi-country model augmented with an energy block that includes endogenous renewable energy investment, we analyze the...

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...

This article presents an estimation of a stochastic frontier model using a translogarithmic production function to identify the impact of production factors - labor and capital - along with CO2 emissions and technical progress on the value added of the manufacturing sector in North American...

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...

This study examines the impact of environmental innovation on carbon emissions in the healthcare sector, with a focus on the moderating role of environmental monitoring. Using a panel dataset of 1210 publicly listed healthcare firms across ten European countries from 2012 to 2021, the study...

The introduction of the EU Carbon Border Adjustment Mechanism (CBAM) has triggered statistically significant negative stock market responses for firms within the EU. Comparing EU customers that have non-EU suppliers in CBAM-affected industries with their non- treated peers in the control group,...

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,...

Purpose - This study aims to present an integrated green transport sustainability model (GTSM) to comprehensively understand and explain the multifaceted dynamics of green transport initiatives. The purpose of the study is to evaluate gaps in understanding the interactions between socio-economic...

Purpose - The purpose of this research is to develop a set of policies to solve the decarbonization issues of container terminal clusters. Design/methodology/approach - This research used the system dynamics approach to develop an integrated multi-issue policy model. Findings - We found that the...

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 study is a novel attempt to analyze the patterns and trends of urbanization in medium to large cities in Central Asia. It encompasses a broad range of parameters, and employs an evidence-based approach to outlining strategic directions and actions for fostering green and resilient urban...

This report presents technical recommendations for the Lao People's Democratic Republic's Long-Term Low-Emission Development Strategy (LT-LEDS) and its implementation. An LT-LEDS is a strategic document that outlines a country's plan under the Paris Agreement for low-emission development by...

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...

Livestock plays a critical economic and social role both globally and in the Eastern and Southern Africa region. The livestock sector encompasses a variety of species, with cattle being the most prominent in the region. Livestock systems in the region comprise large and small farms. Often, and...

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...

Synthetic fertilizers are essential to sustaining the world's population, but their production is responsible for 1.8-2.4 percent of global greenhouse gas emissions. Clean hydrogen holds growing potential (amid falling costs) to decarbonize fertilizer production. Hydrogen produces synthetic...

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...

The role of permanent carbon dioxide removal (CDR) from the atmosphere is currently the subject of intensive discussion within the context of developing a new EU emis­sions reduction target for 2040 and a German long-term strategy on negative emissions. At the same time, a short-term strategy...

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 study examines key indicators impacting China's industrial sector: carbon dioxide (CO2) emissions by industry, industrial value added per worker, technology advancement in industrial design, fossil fuel usage, and energy losses in production and transmission. China's industrial sector,...

In this paper, we first test the validity of the Environmental Kuznets Curve (EKC) hypothesis, using a large sample of approximately 190 advanced and developing countries, over a period of 34 years (1989- 2022). We find that (CO2) emissions respond positively to increasing income per capita, up...