Climate control needs have reached momentum. While scientists call for stabilizing climate and regulators structure climate change mitigation and adaptation efforts around the globe, economists are concerned with finding proper and fair financing mechanisms. In an overlapping-generations...

Current climate change mitigation and adaptation financing efforts are calling for innovative green investment strategies. An emerging literature and awareness on the economic gains and losses of a warming globe being distributed unequally between countries is the basis of redistribution...

The maintenance of a favorable climate accounts for the most challenging contemporary global governance predicament that seems to pit today's generation against future world inhabitants. In a trade-off of economic growth versus sustainability, a broad-based international coalition could...

Perceived intergenerational unfairness is one of the obstacles for a rapid transition to a low carbon economy whereby current generations have to carry the burden of paying for mitigation, while the next generations will enjoy the benefits for free. Green bonds are believed to be able to...

This chapter proposes climate change impact burden-sharing in a taxation-and-bonds strategy. Five indices are empirically created to determine which countries should be using taxation to raise funds for the climate bonds issuance and which countries be granted transfer payments via climate bonds...

The climate change crisis has gained unprecedented urgency in the most recent decade. Overall, climate change has already led to and will continuously lead to irreversible tipping points and lock-ins that will degrade the common welfare. When taking a closer look at the macroeconomic growth...