This paper analyzes the optimal mix of adaptation and mitigation expenditures in a cost-effective setting, in which countries cooperate to achieve a long-term stabilization target (550 CO₂-eq). It uses an Integrated Assessment Model (AD-WITCH) that describes the relationships between different...

This paper analyzes North-South negotiations over climate change abatement. We consider that northern countries have an incentive to negotiate over a transfer to the southern countries in exchange for their abatement efforts rather than reducing their emissions at home. We study the incentives...

We study the effects of providing subsidies to the fisheries in small island developing states (SIDS), where fisheries are important to both the food security and livelihoods of the populations. By analyzing data on current and potential catch and computing the potential catch losses from the...

Small Island Developing States (SIDS) are quite diverse in terms of various development metrics, but are uniformly vulnerable both to macroeconomic shocks and to changes in the biodiversity that supports fisheries and tourism. This special section assembles a set of papers that analyze...

This paper investigates firm incentives for developing environmentally clean technologies in a simple two-country model with international oligopoly and lack of regulatory commitment, and compares the incentives under price and quantity regulations with and without policy cooperation between...

Conservation practitioners are increasingly turning to incentive-based approaches to encourage local resource users to change behaviors that impact on biodiversity and natural habitat. Three such approaches are buyouts, conservation agreements and alternative livelihoods. We assess the design...

The occupation of the last remaining tropical forests has been an initiative of many developing nations that is debated by the global community due to impacts on soil erosion, biodiversity loss and contributions to global climate change. Arguments against development range from the irreversible...

Small Island Developing States (SIDS) are characterized by high levels of biodiversity that are under threat. Simultaneously, the tourism sector plays a key role in many of these economies. In this paper, the Hausman-Taylor estimator is used to investigate a tourism demand function in SIDS in...

A choice experiment was applied to measure the existence value of an endemic moss. We assessed value separation, embedding or warm glow and ‘ethical’ motivations. We exemplify our application by valuing an inconspicuous moss endemic to Chile's sub-Antarctic region. The choice experiment was...