Climate Change
News
Introducing the UNEP-University of Oxford Sustainable Budgeting Approach
The jointly develped UNEP-University of Oxford Sustainable Budgeting Approach (SBA) is a decision-support tool designed to help policymakers identify and resource strategic policy opportunities that promote national economic development while
The Role of Green Financial Sector Initiatives in the Low-Carbon Transition: A Theory of Change
Green financial sector initiatives, including financial policies, regulations, and instruments, could play an important role in the low-carbon transition by supporting countries in the implementation of economic policies aimed to
COP27 – Sustainable Finance Architecture to Scale Investments in Climate Action
Event Replay – Sustainable Finance Architecture to Scale Investments in Climate Action Click here to watch the video and event introduction
Reports
The OECD Employment Outlook 2024: the net zero transition and the labor market
The shift to net zero will necessitate substantial adaptation measures, particularly in the labor market. Industries with high emissions will experience job losses, while opportunities will emerge in low-emission sectors.
The Role of Environmental Tax Reform in Responding to the COVID-19 Crisis
This paper aims to show that environmental tax reforms may be the best option to mobilize revenues during fiscal consolidation while reducing distortions and environmental externalities by shifting the tax
Role of Ministries of Finance in driving and shaping the low-carbon transition
In January 2023, the Smith School and the Swedish Energy Agency are launching a major international report on the role of ministries of finance in driving and shaping the low-carbon transition. Ministries of Finance have
Policy Briefs
Environmental taxes, pollution and inequality
Environmental taxes are a widely used tool to tackle climate change around the world. According to the World Bank (World Bank, 2022), in 2022 thirty-seven carbon taxes were implemented or
Sustainable Finance Markets Requires Green Central Banking and Regulations
The recent IPCC AR 6 synthesis report warned the world that global warming beyond 1.5℃ might be unavoidable unless limiting global greenhouse gas (GHG) emissions to peak before 2025 at
Carbon Pricing and Firm-Level CO2 Abatement: Evidence from a Quarter of a Century-Long Panel
Sweden was one of the first countries to introduce a carbon tax in 1991. Authors assemble a unique dataset tracking all CO2 emissions from the Swedish manufacturing sector to estimate
