Lessons from COP26 for financing the just transition
This policy brief reviews the attention given to a crucial aspect of climate change action – the just transition – at the COP26 climate summit and the priorities that lie ahead for 2022.
Topic: Competitiveness, trade and economic growth
Seasonal temperature variability and economic cycles
In this paper, the author assembles a new set of quarterly and six-monthly temperature and GDP data for 98 countries and develops a new estimation strategy to attribute observed fluctuations in GDP to changes in temperature.
Net zero will require the biggest economic transformation ever seen in peacetime, says Nicholas Stern
The pursuit of net zero emissions by countries across the world will require the biggest economic transformation ever seen in peacetime, Professor Lord Nicholas Stern will say today (Tuesday 26 October) in a lecture to mark the 15th anniversary of the publication of the landmark report ‘The Economics of Climate Change: The Stern Review’.
A time for action on climate change and a time for change in economics
15 years on from the Stern Review, here Nicholas Stern argues that the COVID-19 and climate crises, and the weaknesses that produced them, should be tackled together and that the response must be a new sustainable, resilient and inclusive approach to growth and development.
UK’s industrial heartlands could be “the beating heart” of economic growth and new jobs from carbon capture, usage and storage
The North East, North West and South East of England could be the hot beds of economic growth and job…
15 years on from the Stern Review: economics of climate change, innovation, growth
To mark the 15th anniversary of the publication of the landmark The Economics of Climate Change: The Stern Review, Nicholas Stern will review progress and look forward to the prospects of success at COP26 and beyond.
Navigating the green transition: insights for the G7
This report uses a new data-driven online tool, the Green Transition Navigator, to analyse the green competitiveness of the seven individual G7 member states and invited countries.
Out of the window? Green monetary policy in China: window guidance and the promotion of sustainable lending and investment
Investigating the use of the green monetary policy tool ‘window guidance’ in China, the authors draw lessons for the design of green finance policies for other countries that seek to enhance sustainable finance and mitigate climate change and related risks.
Fiscal responsibility in advanced economies through investment for economic recovery from the COVID-19 pandemic
This paper explains why a sustained, strong and non-inflationary recovery from COVID-19 must be driven by private investment, and sets out priority actions for governments.
G7 Economies must restore private investment to ensure a strong recovery
A new paper published today (February 8th) by the Grantham Research Institute on Climate Change and the Environment at the…