Induced innovation and international environmental agreements: evidence from the ozone regime

This paper provides evidence that the Montreal Protocol’s restrictions on CFCs triggered a substantial increase in research and innovation on alternatives to ozone-depleting molecules and suggests such international environmental agreements can dynamically improve the benefit-cost equation of environmental protection and may therefore also be useful to dealing with current problems such as climate change.

Social discounting and the equity premium

This paper assembles a picture of the evolving research on and understanding of the equity premium and the issues it covers reinforce other arguments for discounting over time at a social time preference rate in climate change analysis.

Social discounting and the cost of public funding in practice

This paper is a contribution to the understanding and development of social discounting regimes. It addresses three implications of how public funding differs from private financing by debt and equity, then examines US Federal and United Kingdom central government conventions, and also illustrates the difficulties of establishing and maintaining analytically rigorous social discounting procedures in practice.

Imaginaries of development corridors: Delivering the Sustainable Development Goals through development corridors in East Africa

The analysis suggests that the Sustainable Development Goals and their targets mostly create conditions that aid the achievement of each other within development corridors but that there are trade-offs between some goals and other development gains. The authors signal priority areas for investment, policy reorientation and strengthened safeguards, to maximise positive SDG interactions and minimise negative ones.