carbon budget

What is meant by ‘stock’ and ‘flow’? Economists often describe climate change as a ‘stock-flow’ problem. This refers to the fact that... Read more

The net-zero target needs to become core to the purpose of the financial system to deliver an investment-led green recovery in the UK, writes Nick Robins. Read more

The Climate Change Act was passed in the UK in November 2008 with an overwhelming majority across political parties. It... Read more

Carbon budgets were introduced in the UK under the 2008 Climate Change Act. Each carbon budget provides a five-year, statutory... Read more

This report and accompanying 8-page brief examine some of the emerging challenges in climate governance in South Africa and potential solutions. The lessons identified are also relevant for other developing economies. Read more

Lord Stern welcomes the “historic move” by the UK Government to set a target for cutting annual emissions of greenhouse gases to net zero by 2050. Read more

Bob Ward sets out five urgent actions for the UK Government in response to the Committee on Climate Change's new report on achieving net-zero emissions Read more

The authors of this comment respond to a recent argument put forward by Lemoine and Rudik (2017), that it is efficient to delay reducing carbon emissions because there is substantial inertia in the climate system. Mattauch et al. show that there is no such inertia, which means there is no lag between carbon emissions and warming. Read more

Sam Fankhauser reflects on the successes of the UK's independent climate advisory body 10 years after its establishment - and the challenges it faces for the future. Read more

This policy brief is a condensed version of our report on the Climate Change Act, summarising lessons for the UK and other countries, on how climate change legislation is best structured to be effective. Read more