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 energy, largely explain the differences between regions.
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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 are no passes or fails.
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 conclusi…
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 externalities to be corrected.
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 Greenh…
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. Al…
Based on historical evidence, the Economic Watch assesses the plausibility of meeting Net-zero and NDC emission pathways (with GDP growth conditioned or not to BBVA baseline) and suggests that if unprecedented shocks are not induced (e.g. throu…