The European Commission has recommended that the European Union should cut greenhouse gas emissions by 90 percent by 2040 compared to 1990. Modelling shows that this target is feasible technically and is in line with social acceptability and global fairness objectives. Achieving it will require...

The European Commission has recommended that the European Union should cut greenhouse gas emissions by 90 percent by 2040 compared to 1990. Modelling shows that this target is feasible technically and is in line with social acceptability and global fairness objectives. Achieving it will require...

This paper uses a global integrated assessment model to assess how developing Asia, the world's fastest-growing source of carbon emissions, could transition to low-carbon growth. It finds that national net-zero pledges do not have a high chance of keeping peak warming below 2êC. Under an...

This paper uses a global integrated assessment model to assess how developing Asia, the world's fastest-growing source of carbon emissions, could transition to low-carbon growth. It finds that national net-zero pledges do not have a high chance of keeping peak warming below 2°C. Under an...

This paper investigates the relationship between climate change and income inequality, recognizing that the economic impacts of climate change are not uniform across different levels of income within and across countries. Using methods from the existing literature on climate and economic growth,...

A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...

A formula is derived for the social cost of carbon (SCC) that takes account of intragenerational income inequality and its evolution with economic growth. The social discount rate (SDR) should be adjusted to account for intragenerational and intergenerational inequality aversion and for risk...