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The European Union (EU) has resolved to achieve climate neutrality by 2050 and, in order to do so, has established an ambitious and decisive strategy whose effects are already beginning to be felt.

The transition to a low-emission economy not only represents an opportunity for the transformation of the Spanish economy and society, but has become a priority on the national agenda. However, a more effective approach will be necessary to achieve the targets set.

Human economic activity generates greenhouse gas (GHG) emissions that change climate and hurt biodiversity, affecting the well-being of society and the free-market system to the most limited extent.

Climate Change United Nations issues a fresh set of climate warnings: the commitments made under the Paris Agreement are not enough to decarbonize the economy. Simply warning about the risks is not enough.

The Intergovernmental Panel on Climate Change (IPCC) painted a bleak picture in its Sixth Synthesis Report on climate change: the window of opportunity to achieve the goals of the Paris Agreement is continuing to close.

The average social welfare in OECD countries would have decreased by 1.9% during the past decade if the damages caused by CO2 emissions had been internalized. Nevertheless, a net intertemporal gain could have been achieved by preventing the most severe future outcomes of global warming, which entail a substantial cost.

The world is now facing the biggest energy crisis of the last 40 years, making it hard to make any meaningful progress on climate legislation in the European Union (EU).

In the current global socio-economic context, and especially after the COVID-19 crisis, digitization and sustainability have become key elements of economic and social transformation, being particularly relevant to understand and analyze how bo…

The actual socioeconomic context has reinforced and accelerated a number of global trends, in particular sustainability and digitalization, two of the most disruptive. The empirical study conducted by BBVA Research suggests that an inverted U-s…

This note proposes a path to shore up the measurement of the carbon footprint of the representative household of an economy, enhancing traditional macroeconomic analysis and with the use of Big Data in order to obtain real time outcomes and ins…

Green inflation is the acceleration of consumer prices triggered by the increase in the price of products linked to the transition to a carbon-free economy, both those to be discontinued and those to be enhanced.

The development of sustainable finance is gathering pace, driven by a strong appetite from investors and a high level of ambition in climate policies. However, it is not enough for the investment needed for the energy transition, which requires removing the existing obstacles with decisive measures.