It is well established that adaptation and technological investment in each case may serve as a commitment device in international climate politics. This paper for the first time analyzes the combined impact of these two strategic variables on global mitigation within a noncooperative framework...

Since numerous countries have already initiated a process of adaptation to climate change by drafting strategies or catalogues of measures, it is of particular importance to identify and overcome potential barriers to efficient public adap-tation from the beginning. A major source of barriers is...

Recent work has shown that Weitzman's policy rule for choosing price- versus quantity-based pollution control instruments under uncertainty is biased when the polluting firms possess market power (Heuson 2010). However, this study is restricted to emission standards and taxes, while tradable...

This paper analyses the outcome of non-cooperative national efforts in combatting global pollu-tion problems when governments are elected by their citizens. It is well-known that the latter tend to vote governments that are less 'green' than the median voter in order to commit to lower national...

In this paper, we propose a comprehensive Public Choice framework to identify and categorize barriers to efficient public climate adaptation. Specifically, we distinguish three dimensions of public adaptation: extent, structure (form and timing) and organisation (vertical and horizontal). Within...

Economics is an important perspective of growing interest to analyze the climate change issues, especially, when we concentrate on the development of market-based instruments at the regional level. Starting from the fundamental characteristics of economic goods, the research put forwards a...

Grassland development serves as an important part of the national sustainable development strategy in China. This paper defines the strategic objectives of grassland development in China based on the national strategy, the current status of grassland development in China and the status of...

This paper develops an analytical framework for studying the Baumol-Oates efficiency of traditional single instrument abatementpolicies vis-à-vis green defaults in the face of price inertia and deliberate defaultingby subpopulations. In this special case ofbehavioural heterogeneity, command and...

Urban infrastructure investment is needed for both, mitigation of climate risks and improved urban resiliency. Financing them requires the translation of those benefits into measurable returns on investment in the context of emerging risks that capital markets can understand and appreciate. This...

This paper examines the prospects and feasibility of using the Association Agreement between Ukraine and the EU as a roadmap for reorienting the Ukrainian brown economy toward a green economy, making use of green financial instruments in the process. The first chapter is dedicated to the concept...