This paper documents the strong negative relationship between support for right-wing populist parties (RWPPs) and domestic levels of climate ambition across the European Union (EU). I show that when RWPPs make electoral gains at least in some region of a country, this increases the probability...

Klima, Wasser und Boden sind gleichermaßen unverzichtbare wie gefährdete Ressourcen der Menschheit. Was geschieht, wenn um ihre Nutzung ein Wettstreit entbrennt? Welche Konflikte können daraus entstehen? International renommierte Fachleute gehen der Frage nach, wie sich Ressourcenkonflikte...

We investigate whether the Russia-Ukraine conflict has affected investors' assessment concerning a green energy transition. Based on a global energy sector sample, we apply an event study around the invasion on February 24, 2022. We find that energy firms' CAAR are positive around the event....

There are many indicators of energy security. Few measure what really matters-an affordable and reliable energy supply-and the trade-offs between the affordability and reliability. Reliability is physical, affordability is economic. The latest Russian invasion of Ukraine highlights some of the...

This study assesses the global economic consequences of climate-related risk in three broad areas: (1) the macroeconomic impacts of physical climate risk due to chronic climate change associated with global temperature increases and climate-related extreme shocks; (2) the macroeconomic effects...