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The economy-climate interaction and an appropriate mitigation policy for climate protection have been treated in various types of scientific modeling. This paper focuses on the seminal work by Nordhaus on the economy-climate link and extends that model to include optimal policies for mitigation, adaptation, and infrastructure investment studying the dynamics of the transition to a low fossil-fuel economy.

The green bond market is emerging as an impactful financing mechanism in climate change mitigation efforts. The effectiveness of the financial market for this transition to a low-carbon economy depends on attracting investors and removing financial market roadblocks.

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

The shale industry’s poor market position is due to both external market forces and questionable business practices.

Working paper — This working paper clarifies one of the most important aspects in evaluating the SCC in IAMs - the damage function - which maps environmental changes to economic impacts.

In light of the urgency presented by global warming, this policy note makes a case for ambitious mitigation policies aimed at reducing carbon emission.

Working Paper— This working paper sheds light on the various theories which attempt to explain the relationship between economic growth and climate change.