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The relentless increase in global temperatures combined with heat waves has led to less abundant and more irregular rainfall, more frequent and severe droughts conducive to wildfires, and also more in the way of storms and floods. Not only will it rain less, but fewer and fewer people will be glad to see the rain.
We analyze the distribution of greenhouse gas emissions resulting from the consumption of Spanish households, considering spending levels, age, gender, and different types of goods and services. Our approach combines official data, the Input-Output methodology and BBVA data.
In recent years, public policies to foster decarbonization have become cornerstones of the political agenda in the US and Europe, with the aim not only of achieving decarbonization but also of ensuring energy security and driving short- and lon…
This presentation analyzes the evolution of GHG emissions in Spain and its main determinants. The Spanish Regions that contribute the most to national activity do not always generate the most emissions. Sectoral structure and mix and balance of…
In the first week of July, the European Central Bank (ECB) published the results of the first climate risk stress test for European banks, with results showing significant progress. In contrast to the annual stress exercises it conducts, there …
This presentation describes the state of the global decarbonization process, summarizes the impact of GHG emission reduction policies and focuses on Europe and the effect of the complex geopolitical scenario.
The disaster resulting from Russia's invasion of Ukraine has diverted much of the attention away from the latest report by the Intergovernmental Panel on Climate Change (IPCC), but we need to take notice of it — not least because its conclusions are not particularly favorable.
There is evidence that climate change is largely caused by human action: greenhouse gases emissions into the atmosphere are the main cause of global warming.
Taxation is a key tool for climate action and helps society achieve its decarbonization goals. Environmental taxation in Spain needs far-reaching reform, with taxable activities and rates that reflect the true extent of the negative externaliti…
COP26 will be held in the city of Glasgow, United Kingdom, from October 31 to November 12, 2021. The two possible major topics will be: 1) Greenhouse Gas (GHG) Emissions, and 2) Transition and promotion of cleaner and renewable energy sources.
We are just days away from COP26. According to its Nationally Determined Contribution (NDC), it is estimated that Mexico emitted 804 million metric tons of CO2e in 2020. As a signatory to the Paris Agreement, Mexico commits to reduce its Greenhouse Gases by 22% by 2030, in the unconditional case.
Climate change is gaining prominence in economic forums. At the biannual meeting in Washington of the IMF and the World Bank, climate issues were no longer relegated to the “risk” or “future challenges” sections of conference papers. Also on the horizon is the COP26 summit in Glasgow in November.
