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April 4, 2025
This study analyzes the macroeconomic effects of carbon price shocks (EU-ETS) via a SVAR with Narrative Sign Restrictions. Facilitating identification and isolating shocks from demand factors, results indicate a stronger economic impact than previous carbon policy studies, but milder than recent works focused on the EU-ETS.
January 13, 2025
Reality is a stubborn beast. 2024 turned out to be yet another year in which greenhouse gas emissions grew globally (2% according to Global Carbon Budget 2024), with energy efficiency gains or the penetration of renewables in the energy mix failing to counter the effect of increased economic activity.
December 2, 2024
On November 24, two days later than initially planned, COP29 came to a close. Simon Stiell, executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC) acknowledged that the final decisions have not satisfied all parties.
November 15, 2024
The new release includes significant updates mainly focused on the chronic physical risk assessment, driven by a new damage function aligned with the latest research, resulting in greater projected output losses.
October 18, 2024
Deforestation in Colombia is unsustainable environmentally, economically, and socially. Reversing it requires strengthening land ownership and usage systems, promoting sustainable development, and assigning value to natural assets. Coordination between public policies and the private sector is essential.
August 12, 2024
In developing economies, greenhouse gas emissions from deforestation and from pushing forward the agricultural frontier may outweigh those from fossil energy combustion. So how can we reduce them?
June 3, 2024
In the face of unequivocal evidence of climate change, the challenge is to decouple economic development from greenhouse gas emissions with more ambitious policies aimed at achieving a socially just transition by internalizing the costs of emissions and promoting green innovation and private investment.
March 11, 2024
A comparison of Mexico's GHG emissions with the world is presented, highlighting that the country has increased its emission intensity per unit of GDP since 2019, possibly due to its current energy policy. The influence of the population factor is also analyzed, as well as the contribution by sectors.
March 6, 2024
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.
February 23, 2024
The analysis of how climate-related acute physical events affect the economy must consider their unique aspects: brief duration and specific localization. Geographic Information Systems (GIS) are instrumental in this analysis, for which three case studies are shown.
