Economics of Climate Change

As the impacts of climate change – from wildfires to flooding – become impossible to ignore, calls to adapt our economy are joined by calls to remove and store existing carbon dioxide, a process known as carbon drawdown. In response, market actors have launched profitable ventures in mechanical-chemical carbon dioxide removal (CDR) and sought government support. But just how effective and sustainable are these ventures? In a recently published paper, New School for Social Research PhD candidate...

Research from SCEPA economists studying the economic impacts of climate change and mitigation policies show green bonds have great potential to help countries across the world increase environmental investments and reach emission targets.

The World Bank commissioned a team of New School economists to investigate fiscal policies that will help us move from a high-carbon economy to a low-carbon economy while minimizing financial instability.