This paper examines the role of insurance in mitigating the adverse macroeconomic effects of climate-related catastrophes. We first develop a stylised theoretical growth model which incorporates a role for natural catastrophes, climate change and insurance. This illustrates how insurance can...

This work presents a modified version of the integrated economic-climate model RICECH₄. The aim of the work was to expand the basic RICE model by explicitly accounting for methane (CH₄) emissions along with traditional carbon dioxide (CO₂) emissions, as well as the subsequent analysis of...

The fossil-fuel foreign policy of the United States under President Donald Trump has intensified the conflict between petrostates and electrostates in international climate politics. At COP30 in Belém in November 2025, this cleavage was particularly evident in the dispute over a roadmap for the...

Since the Industrial Revolution, the increase in greenhouse gas emissions has led to a significant rise in global temperatures compared to the pre-industrial period. This development has heightened the importance of carbon pricing policies in combating climate change. This study aims to examine...

Against the backdrop of China's "dual-carbon" goals, the complex interplay between fiscal decentralization and green taxation presents significant challenges for climate governance. This study examines the impact of green taxation on carbon emissions within the context of fiscal...

Global warming is set to rise above 1.5°C by the early 2030s. Returning to 1.5°C before the end of the 21st century would not prevent all harms resulting from a period of excess temperatures, but it would reduce risks when compared to permanent warm­ing above 1.5°C. Limiting the magnitude...

We explore the efficiency of alternate allocations of responsibility for greenhouse gas emissions pricing policies in a small open economy federation. Emissions result from consumption and production of a tradeable dirty good, and their intensity depends on the emissions technology. National...

Over the last decades, climate change has been playing an increasingly significant role in humanity and has greatly affected world wine-producing regions. There are already remarkable changes in wine production (for example, plantation of new heat-tolerant grape varieties, growing wine grape...

A global monopoly supplier country of green goods which are essential for the provision of global environmental public goods optimally subsidizes the export of such goods in an interior contribution equilibrium. This is not counterbalanced by an incentive to improve the terms-of-trade, since any...

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...

Concerns about offspring's life quality are often cited as a motivation for caring about climate change. This paper investigates the hypothesized causal effect of grandparenthood on climate change worries, using panel data surveys among British families. Specifically, we study whether becoming a...

Global temperatures are rising at an alarming pace and public awareness of climate change is increasing, yet little is known about how these developments affect consumer expectations. We address this gap by conducting a series of experiments within a large-scale, population-representative survey...

Crowdsourcing platforms - such as Vivino - that aggregate the opinions of large numbers of amateur wine reviewers represent a new source of information on the wine market. We assess the validity of aggregated Vivino ratings based on two criteria: correlation with professional critics' ratings...

We investigate the impact of rising temperatures on firm productivity using longitudinal firm-level balance-sheet data from private sector firms in 14 European countries, combined with detailed weather data. Our findings, based on control-function techniques and fixed-effects regressions, reveal...

Purpose - Egypt could face total water depletion by 2050 due to the current waterscarcity of aboutseven billion cubic meters. Climatic shocks worsen this crisis, alongside Ethiopia's unilateral construction of the Grand Ethiopian Renaissance Dam (GERD). This has caused a stalemate, raising...

Climate change is widely recognized as a driver of violent conflict, but its broader social effects remain less understood. Ignoring these dimensions risks a vicious cycle where climate policies might undermine socially just adaptation. Evidence is still limited on how climate shocks influence...

Globally, climate change is an important driver of mobility. Climate change will increase mobility in Madagascar. Given the climate change forecasts and population growth, it is expected that the number of climate migrants will increase in Madagascar. Currently, there is insufficient data to...

The aim of this report is, first, to inform about the current and projected changes to heat stress hazard and exposure as a result of climate change, particularly in urban areas; second, highlight the socioeconomic impacts of heat, including on human health, labor productivity, and mortality;...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

The Strategic Roadmap for Carbon Market and Climate Finance in the Forest Sector, tailored for each of the Congo Basin countries (Cameroon, Central African Republic, Democratic Republic of Congo, Equatorial Guinea, Gabon, and the Republic of Congo), provides a comprehensive, country-specific...

This study “Assessment and support for the preparation and development of roadmaps on climate finance and carbon markets for the forests of the Congo Basin” has been carried out under the umbrella of the World Bank’s Advisory Support and Analytics (ASA) initiative, 'Leveraging Natural...

Dynamic social norms have been recognized as a promising approach to promote energy sufficiency. By highlighting trends and future shifts rather than current states, dynamic norms allow for a better focus on emerging norms that are not widely adopted. While existing studies predominantly examine...

This paper examines how income inequality affects environmental outcomes through the interplay of household consumption and political support for climate policy. We develop an agent-based model in which households differ by income, consumption patterns, and climate policy attitudes. Our results...

Research on conspiracy theories and predictors that explain susceptibility to believing in conspiracy theories (conspiracy mentality) has already led to a considerable body of academic contributions. Nevertheless, we see the necessity to continue working on higher-level frameworks that summarize...

Global warming remains one of the greatest threats to the sustainability of the planet. The literature is replete with studies investigating the economic effects of global warming with very little attention being paid to the financial ramifications. To this end, the present study attempts to...

A review is presented of the macroeconomics of climate change and policy. The review starts with a tractable workhorse model of the macroeconomics of climate and carbon pricing. It then discusses extensions to multiple countries. A discussion of the effects of macroeconomic and climate...

Seasonal allergies affect over 400 million people globally, yet the broader economic consequences of pollen exposure remain understudied. Evidence from Japan's ambulance records suggests that high-pollen days are associated with increases in accidents, including traffic accidents and...