Technological revolutions have increased the world’s wealth to a level that was once unimaginable. They have done so unevenly, however, and in ways that have accelerated climate change. Technology Transfer and Innovation for Low-Carbon Development argues that most of the emissions reductions required to achieve the Paris Agreement goals can be reached through the global deployment of existing and commercially proven low-carbon technologies (LCTs).

The Green Growth Knowledge Partnership (GGKP) is a global network of experts and organizations dedicated to providing the policy, business, and finance communities with knowledge, guidance, data, and tools to transition to an inclusive green economy. 

Climate auctions—a 21st-century alternative— competitively allocate public funding to commercially developed mitigation projects, ensuring both transparency in selection processes and efficiency in leveraging investment. Climate auctions offer successful project developers and commercial entities a guaranteed price for verified emission reductions, which these entities can then use to raise additional finance.

Climate policy has traditionally been viewed as the domain of energy and environment ministries. This report argues that environmental tax reforms, coupled with adaptation and risk management strategies, are among the most effective means to fight climate change and bolster economic resilience to natural disasters while raising human wellbeing.

The Green Fiscal Policy Network is a joint partnership between UN Environment (UNEP), the International Monetary Fund (IMF) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) launched in 2011. The Network aims to facilitate knowledge sharing and dialogue on green fiscal policy reforms.

Vivid Economics was commissioned by Defra to review techniques for modelling the macroeconomic impacts of climate change and the role of adaptation in the macro-economy. A theoretical framework is developed to enable policy-makers to succinctly yet robustly understand and evaluate macroeconomic models of climate change and adaptation. The literature is reviewed, including cutting-edge work on General Equilibrium modelling, the interaction of climate change and economic growth and the economics of extreme weather events.

The American Recovery and Reinvestment Act included more than $90 billion in strategic clean energy investments intended to promote job creation and promote deployment of low-carbon technologies. In terms of spending, the clean energy package has been described as the nation’s “biggest energy bill in history.” To provide a preliminary assessment of the Recovery Act’s clean energy package, this paper reviews the rationale, design, and implementation of the act.

This paper presents a macroeconomic model that combines the economic impact of climate change with the pivotal role of private debt. Using a Stock-Flow Consistent approach based on the Lotka–Volterra logic, we couple its nonlinear monetary dynamics of underemployment and income distribution with abatement costs. A calibration of our model at the scale of the world economy enables us to simulate various planetary scenarios. 

This Policy Brief draws on research carried out at the Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, with the generous financial support of the Global Green Growth Institute (GGGI). It also draws on work by the first author commissioned by the World Bank and published in the World Bank’s policy research working paper series (Bowen, 2012). We are grateful for comments from Dimitri Zenghelis, Tim Foxon and Sheng Fulai.

In this report, we identify, analyse and compare international good practices in the design and implementation of national monitoring and evaluating indicator systems for climate change adaptation. This first chapter provides an introduction to the context and key terminology in the domain of climate change adaptation and indicators for M&E of adaptation. The second chapter discusses the existing approaches to M&E, while Chapter 3 provides a general overview of approaches to M&E Frameworks for Climate Change Adaptation.