Linking public debt to CO2 emissions could give governments a strong incentive to deliver on climate change action.

It is a widely accepted view that many commodity-exporting countries have commodity currencies, in that movements in real commodity prices can explain fluctuations in their real exchange rates.

This year, Europe is confronted with a critical double challenge: addressing the climate change issue and pulling itself out of a persistent low growth trap. Today these two challenges are addressed separately. We propose to make private low-carbon assets eligible for the ECB asset purchase program.

Massive financing of the energy transition in schools, hospitals
and other public buildings.

How central banks can contribute to staying below the 2°C benchmark by purchasing Green Climate Bonds.

Novel ideas how to spend climate finance in a way that reduces emissions and at the same time promotes recipients’ immediate development objectives are required. In this short commentary, we propose to regard climate finance in the broader context of sustainable development.

L’économie thaïlandaise a de nombreux atouts, comme le montrent les Profils Pays du CEPII : sa stratégie de développement repose sur une bonne insertion dans les chaînes de valeur mondiales, et sur le pari d’une forte ouverture à l’international.

Despite the magnitude of the Transpacific Partnership Agreement concluded by the United States, the EU should not heed calls to rush into concluding ongoing Transatlantic Trade and Investment Partnership talks under the Obama administration at any cost, and focus instead on negotiating a good agreement.

Most people hate finance, viewing it as the epitome of irresponsibility and greed. But, even after causing a once-in-a-century recession and unemployment for millions, finance looks indispensable for preventing an even worse catastrophe: climate change.

A mechanism of carbon “bonus-malus” is proposed, where the average emission rate of world countries serves as the anchor: above the threshold, countries should pay a malus, under this level, they would receive a bonus.