In 2010, the Renewable Energy Directive (RED) came into force in the EU and establishes a framework for achieving legally binding greenhouse gas (GHG) emission reductions. Only sustainable biofuels can be counted towards Member State targets. The aim of this paper is to calculate realistic and...

In this paper, we analyse whether biodiversity can enhance the developmental process in developing countries (DCs) by increasing tourism receipts in a trade-based endogenous growth framework. The model is based on the underlying assumption that a rich biodiversity provides a comparative...

Summary In this paper we empirically discuss whether or not debt relief has been economically rational in the past 15 years. From analyzing the determinants of debt relief, our results suggest that governance quality did not play a role in the decision of creditor countries to forgive debt in...