Physical climate risks can have a large regional impact, which can influence mortgage loans' credit risk and should be priced by the lenders. Motivated by the relevance of climate change for financial intermediaries, our paper aims at analysing if physical climate risks are being reflected in...

We utilize region-day variation in actual vs. forecasted weather conditions (i.e. forecasting errors) to comprehensively investigate the effects of the first heat-health warning system in Japan. We find that heat alerts led to a 17% increase in heat stroke counts. An analysis of mechanisms...

A key element in the transition to net zero carbon emissions is increasing the use of renewable energy, especially wind and solar energy, and scaling up energy storage sustainably to enable their greater use. This paper discusses the advantages and challenges of scaling up renewable energy...

Climate change stands as one of the most formidable challenges in the twenty-first century. Despite this, our understanding of the unfolding and interconnection of climate-related physical and transitional risks, and their implications for socioeconomic dynamics along various transition...

The present endeavour attempts to assess the impact of increased carbon emissions on the global mean annual temperature by employing an autoregressive distributed lag model (ARDL) on time series data for 1970-2020. The study aims to predict the expected increase in global mean temperature until...

The green transition represents one of the most significant transformational forces in the labor market in the coming years. This paper analyzes the incidence of green jobs in four Latin American countries using information from job vacancy data. The results reveal a low incidence of demand for...

This paper proposes a framework for designing an Independent Panel on Evidence for Action on Antimicrobial Resistance (IPEA), responding to the 2025 United Nations General Assembly mandate. Through a comparative analysis of selected international scientific advisory bodies, we identify the...

Canada has set a target to become net zero by 2050. One of the key pathways for achieving this goal and supporting electrified demand is to expand variable renewable energy capacities. Such integration requires flexibility measures to respond to inherited variability, such as a reactive...

The energy transition requires significant investment in intermittent renewable energy sources, such as solar and wind power. New generation capacities are generally procured through fixed price contracts, such as power purchase agreements and contracts for difference, or feed-in tariffs. With...

Understanding the determinants of worker effort is central, as even small changes in productivity can have significant implications for economic growth and labor market performance. This study examines the relationship between extreme temperatures and work effort-proxied by non-work time while...

The ongoing war in Ukraine poses significant challenges to the country's economy and environmental sustainability, and the use of green finance can be a key tool for post-war economic recovery and sustainable development by attracting resources for environmentally friendly and innovative...

The multiple interlinked and interacting crises that the world faces today is of unprecedented range and magnitude, halting progress and causing even a reversal in crucial Sustainable Development Goals (SDGs) relating to well-being. The current situation of an unequal, unstable and unsustainable...

We examine how rising energy costs affect rental housing markets and inequality. Using listing data for the 30 largest German cities from 2015–2024, we find that higher energy prices are passed through to net rents in high-rent segments, where inefficient properties see significant rent...

A fundamental problem for sovereigns enacting climate policies is whether they can manage increasing debts as their economies suffer from adverse climate impacts. We develop stochastic debt sustainability analysis integrating a coupled climate-economy model with debt financing scenario...