Climate change damages vary across countries, because of regional variation in climate metrics like temperature and regional variation in economic exposure. This is evident in the breakdown of the social cost of carbon: the country social cost of carbon (CSCC). While for the former a large...

This study examines whether receiving anticipatory cash transfers during an extreme winter affects households’ demand for index-based livestock insurance. We exploit a randomized field experiment conducted during the 2020/21 winter disaster in western Mongolia and combine household panel...

Extreme heat is increasing in frequency and intensity, with disproportionate risks for clinically and socially vulnerable groups. This paper identifies the relationship between acute heat and mortality in Aotearoa New Zealand. To estimate same-day heat-mortality associations, we link...

We propose a new policy instrument that leverages adverse selection when Pigouvian policies are infeasible or undesirable. Our policy gives firms the option to pay a tax on their voluntarily disclosed emissions, or an output tax based on the average emissions among undisclosed firms. We derive...

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...

This paper investigates the relationship between climate change, macroeconomic variables and indigenous livestock production in Nigeria over the period 1981-2023 using fractional integration and multivariate regression methods. More specifically, it examines how temperature and precipitation...

We quantify the effect of severe weather shocks on the US economy in an environment in which the economy can switch between periods of financial stability and financial instability, like the Great Recession. We estimate a New Keynesian dynamic stochastic general equilibrium model with banks and...

This open access book offers innovative contributions to the climate-migration-health nexus and the role of regional governance in this nexus, emphasizing the importance of interregional cooperation in addressing these challenges. It considers climate change as an intensifier of leading to...

Although the climate impact of carbon abatement is geographically invariant, this paper documents limited geographic fungibility in voluntary carbon markets. Firms disproportionately retire offsets in countries where they operate. The paper contrasts an Information Channel, whereby local...

Rising temperatures due to climate change pose significant challenges to how much and how effectively individuals can work, particularly in low- and middle-income countries such as India, where exposure to extreme heat is becoming more common. While existing research documents adverse effects of...

I empirically measure the effectiveness of high-yielding variety (HYV) seeds and irrigation in adapting to climate-related agricultural productivity shocks using data on agriculture production from 1966 to 2011. I find that the usage of these additional inputs in production reduces the impact of...

Less or more rain, forever pain? This paper examines the long-run and intergenerational effects of early-life exposure to droughts and wet shocks on human capital outcomes over the life course. Combining a unique three-decade longitudinal survey of pregnant mothers in Metropolitan Cebu, the...

This study assesses the role of institutional quality, macroeconomic performance, and environmental pressures in shaping food security in East Asia. Using a PMG-ARDL panel model with data from China, Singapore, and Japan-three economies characterized by high institutional standards-the analysis...

This paper estimates the causal effect of renewable water conditions and water use on violent conflict in rural agrifood systems. We implement a fixed-effects instrumental variables strategy that uses plausibly exogenous temperature and precipitation shocks to instrument multiple water outcomes....

This paper presents a method for estimating treatment effects of local climate shocks when regions trade with each other. Because trade creates spillovers, comparing the change in outcomes of regions with different exposure to shocks leads to biased estimates. We model these between-region...

Against the backdrop of an accelerated green transition and increasingly stringent climate policies, climate transition risk has emerged as a significant exogenous shock to the financial system. Using a panel of 57 listed commercial banks in China over the period 2010-2024, this study...

Climate change disproportionately threatens low- and middle-income countries, yet integrated assessments combining socio-economic fragility with physical hazards remain limited. This study quantifies multi-dimensional climate vulnerability and derives optimized adaptation policies for six...

Introduction: Ethical climate theory traditionally conceptualizes organizational ethics as a set of distinct normative dimensions. However, recent evidence suggests that ethical perceptions may converge into a unified climate in culturally cohesive and institutionally regulated contexts. This...

There is broad agreement that the European Union's post-2030 climate policy architecture - the framework of rules to reduce greenhouse gas emissions - needs to be simpler and more flexible, with market actors less constrained in how they mitigate emissions. However, simplification should not...

Climate change has emerged as one of the defining risks in recent years. These risks are associated with economic losses and, ultimately, the stability of the financial system. This study examines the impact of climate change on financial stability in Namibia using quarterly data spanning from...

This contribution provides a first comprehensive mapping of the socio-ecological transformation (SET) landscape within the Austrian media (2015-2022). Utilizing a multi-layered mixed-methods framework that integrates Named Entity Recognition (NER), Structural Topic Modeling (STM), and Critical...