Transition countries are expected to become important players in the emerging market for greenhouse gas emission reductions, as they can cut emissions at a relatively low cost. However, the attractiveness of the region as a supplier of emission reductions will not only depend on its cost...

Discussions about adaptation finance have largely concentrated on process: how money should be raised and how adaptation spending should be governed and monitored. This article seeks to move the focus of the debate towards the substance of adaptation by asking what 'good adaptation' in...

Drawing primarily on the UK experience, five practical lessons are identified for policy makers who seek to decarbonize their economies. First, decarbonization needs a solid legal basis to give it credibility and overcome time inconsistency problems. Second, putting a price on carbon is...