Climate change is one of the most pressing challenges in current environmental policy. Appropriate policies intended to stimulate efficient adaptation and mitigation should not exclusively rely on the assumption of the homo oeconomicus, but take advantage of well-researched alternative...

Das Hochwasser im Sommer 2021 raubte vielen Betroffenen ihr Zuhause und verursachte wirtschaftliche Schäden in Milliardenhöhe. Es ist absehbar, dass solche Flutkatastrophen als Folge von Extremwetterereignissen aufgrund des Klimawandels in Zukunft noch häufiger auftreten werden. Wer sollte...

This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...

In two empirical surveys in Germany the link between the information respondents have about climate change and their risk perception of the phenomenon was analysed. We found that a better understanding of the effects of climate change might lead to a decrease of the perceived hazard. In...

Adaptation to climate change is becoming increasingly important in the political and scientific debate. The reason for this is that climate change impacts are visible already today and will intensify in the next decades. Furthermore, the prospects for an effective international agreement on...

This policy paper focuses on the sustainable management of some key natural resources in southern and eastern Mediterranean countries (SEMCs) under climate change and anthropogenic pressures. In a business-as-usual and even more so in a failed cooperation scenario, water resources, ecosystems...

Adaptation to climate change in southern and eastern Mediterranean countries is particularly relevant because of the strong expected effects on the region and the sensitivity of important sectors like agriculture and tourism to climate change. This work analyses qualitative scenarios with the...

We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find significant negative short-run effects of high temperature on exports. A month with an average temperature above 30 °C...