The economic effects of the COVID-19 pandemic have hit the most marginalized and vulnerable first and most directly, creating the need to react immediately. However, resilience building is becoming even more challenging in many countries of the Global South due to intersecting climate and debt challenges.
In 2018, an increase in France’s carbon tax rated sparked the Yellow Vests protests. This piece investigates what the distributional effects would have been if the French government had instead redistributed tax revenues through equal lump-sum transfers.
The circular economy (CE) stimulates frugal and efficient use of resources by designing out waste and maintaining value of goods and materials through regenerative business practices. Finance volumes favour the less complex linear business model, but change is underway.
Every year, governments give out $700 billion in agricultural subsidies globally. Though well-intentioned, these farm subsidies sometimes work against their core goal: boosting crop yields and farmer incomes while developing rural areas.
This blog is based on a research paper published in “Marine Policy”. The authors suggest that the financing of the blue economy need to be specifically targeted for both public sector promoted large impact projects and individual private sector initiatives through the establishment of customized financing facilities.
Between one quarter and one half. That’s how much carbon dioxide (CO2) and other greenhouse gases must fall over the next decade to keep alive the goal of restricting global warming to below 2°C. The fastest and most practical way to achieve this is by creating an international carbon price floor arrangement.