Carbon pricing with regressive co-benefits: evidence from British Columbia’s carbon tax

Working paper by Lorenzo Sileci on 6 Dec 2023

The carbon tax introduced in British Columbia, Canada in 2018 is found to have had positive impacts on air quality. However the health co-benefits have been greatest in less polluted, less densely-populated and better-off neighbourhoods – highlighting that a carbon tax can exacerbate existing variations in pollution and health, where poorer areas are worse affected.

Believe me when I say green! Heterogeneous expectations and climate policy uncertainty

Working paper by on 6 Mar 2023

This paper analyses the dynamic interaction between diverse expectations, investment decisions and climate change mitigation policymaking, exploring how firms invest in low or high carbon capital depending on their beliefs about future carbon prices.

The unconditional probability distributions of future emissions and temperatures

Working paper by Frank Venmans on 3 Nov 2022

This paper develops a method to estimate the ‘probability distribution’ of future temperatures to be used in long-term climate change adaptation strategies, investing and insurance.

Understanding public support for international climate adaptation payments: Evidence from a choice experiment

Research article by Tobias Kruse, Giles Atkinson on 25 Jan 2022

Using a representative sample of the UK population, the authors of this paper use a discrete choice experiment to explore the way in which distributional considerations drive respondent decisions in two dimensions: (a) among recipients of adaptation finance in recipient developing countries, and (b) among those who contribute to this finance (via taxation).

The impact of climate legislation on trade-related carbon emissions, 1997–2017

Working paper by Shaikh Eskander, Sam Fankhauser on 27 Jul 2021

There is considerable anxiety about the international impact of unilateral action on climate change, particularly around ‘carbon leakage’. Looking at the impact of national climate change policy and legislation over the past two decades, this paper finds no evidence it has increased international carbon leakage.

Does it pay for firms to go green?

Policy publication by Misato Sato, Tobias Kruse, Josh Burke, Myra Mohnen, Peter Pope on 15 Jun 2020

To tackle the challenges of climate change, more investment needs to be mobilised in low-carbon technologies and capital assets. This report examines the implications for firms as they diversify into the green marketplace. read more »

Governance of climate change policy: A case study of South Africa

Policy publication by Alina Averchenkova, Kate Elizabeth Gannon, Patrick Curran on 26 Jun 2019

This report and accompanying 8-page brief examine some of the emerging challenges in climate governance in South Africa and potential solutions. The lessons identified are also relevant for other developing economies. read more »

Legislating for a low carbon and climate resilient transition: learning from international experiences