Many poor countries are ill-adapted to the current leave alone a changing future climate, because they lack the necessary financial means to invest in efficient and costeffective safeguarding measures. International endeavours to fund institutions, such as the Green Climate Fund, to provide...

We analyze non-cooperative international climate policy in a setting of political competition by national interest groups. In the first stage, countries decide whether to set up an international emission permits market, which only forms if it is supported by all countries. In the second stage,...

Die wissenschaftliche Ausgangslage ist eindeutig: Der menschengemachte Klimawandel führt so lange zu einer Erhöhung der durchschnittlichen globalen Oberflächentemperatur bis globale Netto-Nullemissionen erreicht werden. Dies hat direkte klimapolitische Konsequenzen: (i) Die relevante Frage...