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The Integrated Assessment Model (IAM) has extensively treated the adverse effects of climate change and the appropriate … capital, stock of brown energy in the ground, and emissions. Given the numerous challenges to climate change policies the …
Persistent link: https://www.econbiz.de/10011978566
Climate change is one of the greatest challenges of this century. Mitigation requires a large-scale transition to a low …
Persistent link: https://www.econbiz.de/10012103638
Are policies designed to avert climate change (Climate Change Policies, or CCPs) politically costly? Using data on …
Persistent link: https://www.econbiz.de/10012612336
There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated....
Persistent link: https://www.econbiz.de/10012794760
The run up to the 26th Climate Change Conference has brought tackling climate change to the fore of global policy … making. In this context, the U.S. administration has recently unveiled new climate targets. This paper elaborates on the … administration's plans and uses two models developed at the IMF to illustrate key macro-climate trade-offs. First, a model with …
Persistent link: https://www.econbiz.de/10012795050
This paper studies the effect of climate change mitigating policies on innovation in clean energy technologies. Results …
Persistent link: https://www.econbiz.de/10012605122
; (iv) ultimately, a superior option-for both the world's climate and growth prospects-is the development of clean energy …Climate financing and compensation have emerged as key themes in the international climate mitigation debate. According … discuss these issues systematically. The results suggest: (i) AEs have typically a stronger interest in climate change …
Persistent link: https://www.econbiz.de/10012795135
?ects on the macroecon-omy. Research on disaster risks has also actively been pursued in the macroeconomic models of climate … change. Our paper uses insights from the former work to study disaster risks in the macroeconomics of climate change and to … spell out policy needs. Empirically the link between carbon dioxide emission and the frequency of climate re-lated disaster …
Persistent link: https://www.econbiz.de/10012102117
Background paper prepared for the October 2020 IMF World Economic Outlook. This paper provides a detailed presentation … of the simulation results from the October 2020 IMF World Economic Outlook chapter 3 and an additional scenario with …
Persistent link: https://www.econbiz.de/10012605547
In the wake of the COVID-19 crisis, governments around the world announced unprecedented fiscal packages to address the … international organizations attempted to assess the "greenness" of the fiscal policy response of the world's largest economies. This … methodologies, and draws lessons for assessing the climate impact of fiscal policy going forward. It finds that: trackers provided …
Persistent link: https://www.econbiz.de/10012796277