climate change mitigation

Central banks and financial supervisors are essential to securing finance for a low-emissions, resilient world. This commentary explores how to make progress on this goal, an important part of the Paris Agreement. Read more

Assessing the cost of climate change mitigation Economists continue to model the scale of investment required to reduce global greenhouse... Read more

Nicholas Stern explains why President Xi’s historic pledge to cut China's emissions to net-zero by 2060 could prove to be a key milestone on the path to a healthier, safer and more prosperous future. Read more

The fact that a carbon tax is an environmentally and economically efficient instrument for reducing emissions is often highlighted, but the equity story is also of importance. This paper addresses the question of the distributional burden of a carbon tax across different income groups and the role played by income inequality. Read more

Cooperative behavior is essential for societies to thrive and for humanity to address local and global social dilemmas. This paper combines several large-scale surveys with different strategies for identifying trust, to shed new light on the determinants of cooperative behavior, including that needed to advance progress on climate change mitigation. Read more

Shaikh Eskander and Sam Fankhauser share the results of their new study that shows the carbon savings made due to climate change laws and policies over the last two decades and call on policymakers to adopt identified good practice to enable deeper cuts in emissions. Read more

The international response to climate change has been inadequate, but not zero. There are 1,800 climate change laws worldwide. We... Read more

This paper assesses the effectiveness and interactions of different policies aimed at reducing carbon dioxide emissions, using a macro-financial framework. The research aims to provide central banks and similar institutions with the tools to contribute to climate change mitigation and demonstrates the importance of including these institutions in the push to reduce global emission levels. Read more

This paper provides new evidence that financial markets value firms’ expansion into production of low carbon goods and services, but they remain cautious on divesting from the most polluting industries. Read more

This paper finds that the culture of cooperation sustained by trust within a country positively affects international cooperative behaviour, showing that an increase in trust between citizens results in larger cuts in carbon dioxide emissions. Read more