This paper provides one of the few assessments of the economic implications of climate change policies in the important region of Eastern Europe and post-Soviet states. We use an integrated assessment model to evaluate the consequences of implementing climate policies consistent with the targets...

Although the Ricardian model is a cross sectional method, there are advantages to estimating the model with additional years of data. For instance, with a panel, one can more easily separate events in a single year (e.g. weather and price shocks) from longer term phenomenon such as climate. Many...

We propose a framework that, building on the pledges made by governments after the Copenhagen Accord of 2009, could be used to assign allocations of emissions of greenhouse gases (GHGs), across all countries, one budget period at a time, as envisioned at the 2011 negotiations in Durban. Under...

This report examines adaptation and mitigation within an integrated framework. Global and regional costs of adaptation are assessed dynamically and the resulting benefits are quantified. This is accomplished by developing a framework to incorporate adaptation as a policy variable within three...

It has become commonly accepted that a successful climate strategy should compound mitigation and adaptation. The accurate combination between adaptation and mitigation that can best address climate change is still an open question. This paper proposes a framework that integrates mitigation,...