Publications

Novel and improved insurance instruments for risk reduction

Working paper by Swenja Surminski, Florence Crick, Jillian Eldridge, Paul Hudson, Jeroen Aerts, Wouter Botzen, Jaroslav Mysiak, Carlos Dionisio Pérez-Blanco, Francisco Rego, Robin Nicolai, Carlos Neto, Reinhard Mechler, António Macedo, Anna Lorant, Conceição Colaço on 30 Mar 2015

In the context of natural disaster insurance and risk reduction this paper looks at how to assess existing insurance offerings and how to design new schemes. read more »

Understanding climate adaptation and transformation challenges in African cities

Research article by Hayley Leck on 29 Mar 2015

This critical assessment of climate adaptation and transformation challenges, agendas and actions across Africa draws on the principal findings and analyses of the papers in this special issue of COSUST. read more »

Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy

Research article by Emanuele Campiglio on 27 Mar 2015

It is widely acknowledged that introducing a price on carbon represents a crucial precondition for filling the current gap in low-carbon investment. However, as this paper argues, carbon pricing in … read more »

Book review |Climate Shock: The economic consequences of a hotter planet, by Gernot Wagner and Martin L. Weitzman

Research article by Swenja Surminski on 26 Mar 2015

Swenja Surminski on how the wait and see policy of businesses is not enough when it comes to global warming read more »

Unraveling the Notion of “Fair Carbon”: Key Challenges for Standards Development

Research article by Anne Tallontire, Lindsay Stringer, Rob Marchant on 25 Mar 2015

Rebecca Joy Howard, Anne Tallontire, Lindsay Stringer, Rob Marchant (2015). In World Development, 70, 343-356.

International and sectoral variation in energy prices 1995-2011: how does it relate to emissions policy stringency?

Presentations and data, Working paper by Misato Sato, Stefania Lovo, Gregor Singer, Damien Dussaux on 25 Mar 2015

New research analsying major trends in global energy prices and the extent to which energy prices are a good proxy for emissions policy stringency. New dataset available. read more »

Endogenous growth, convexity of damages and climate risk: how Nordhaus’ framework supports deep cuts in carbon emissions

Research article by Simon Dietz, Nicholas Stern on 23 Mar 2015

‘To slow or not to slow’ (Nordhaus, 1991) was the first economic appraisal of greenhouse gas emissions abatement and founded a large literature on a topic of worldwide importance. We offer our assessment of the original article and trace its legacy, in particular Nordhaus’s later series of ‘DICE’ models. From this work, many have drawn the conclusion that an efficient global emissions abatement policy comprises modest and modestly increasing controls. We use DICE itself to provide an initial illustration that, if the analysis is extended to take more strongly into account three essential elements of the climate problem – the endogeneity of growth, the convexity of damage and climate risk – optimal policy comprises strong controls. read more »

Understanding climate finance for the Paris summit in December 2015 in the context of financing for sustainable development for the Addis Ababa conference in July 2015

Policy publication by Nicholas Stern on 23 Mar 2015

Paper asserts that overseas aid to support developing countries should be interwoven with efforts to mitigate and adapt to climate change. It claims that efforts to separate the two could be deeply damaging. read more »

Editorial overview: Sustainability challenges: assessing climate change adaptation in Africa

Research article by Hayley Leck on 22 Mar 2015

Simon, D. and Leck, H (2015). In: Current Opinion in Environmental Sustainability

Delegation and public pressure in a threshold public goods game: theory and experimental evidence

Working paper by Alessandro Tavoni, Jungmin Lee, Doruk İriş on 20 Mar 2015

The provision of global public goods, such as climate change mitigation and managing fisheries to avoid overharvesting, requires the coordination of national contributions. read more »