In the context of climate change, there is a need to identify the most vulnerable "hotspots" to the various risks that should attract the most attention from analysts and decision-makers. In this paper, we focus on territories’ exposure to the main consequences of climate change, considering...

The Inflation Reduction Act (IRA) is criticized for "derisking" private investment by increasing the gains to private firms. The derisking critique argues that the IRA insufficiently disciplines private firms; it does not utilize legal or financial penalties which would force firms to undertake...