Financing Climate Policies Through Climate Bonds

March 1, 2016
Financing Climate Policies Through Climate Bonds Pixabay

The issue of who is responsible for funding climate mitigation and adaptation is central to climate negotiations.

In most models, the cost burden falls on current generations. This working paper models intertemporal burden sharing through green bonds.

Authors: Michael Flaherty, Arkady Gevorkyan, Siavash Radpour and Willi Semmler
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SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.