This paper analyses the costs to Pacific countries of illegal trade in marine resources by looking at the loss in gross revenues from unreported catch, the impact across the fish value chain (economic impact), the loss to household incomes (income impact), and the loss in tax revenues (tax impact).
A price on carbon is necessary to reduce emissions, but it is not a silver bullet to keep the global temperature rise to 1.5 degrees C. Complementary policies will be needed that address market barriers and reduce costs of emissions reductions in coming decades.
Investment in urban measures like efficient appliances, mass transit, walkable cities and more sustainable building materials could garner massive returns, some on relatively short payback periods. And the true scale of benefits goes beyond money: Low-carbon cities are essential to meeting the climate challenge.
In the global battle to rein in greenhouse gas emissions and prevent disasters, most economists agree that a carbon price is a key tool in the toolbox. But what’s less commonly discussed are what policies are needed in addition to a carbon price.
One new finding from the Global Commission on Adaptation: Investing $1.8 trillion globally in adaptation from 2020 to 2030 could generate $7.1 trillion in total net benefits.
Green infrastructure can mitigate most of the world's major water problems, but investment has been held back by lack of certainty about returns. Our new methodology helps lay out how to measure the costs and benefits of green and gray infrastructure projects.
China's central government has turned to regional integration for the country's next stage of economic development, announcing or strengthening mega-region initiatives like the Yangtze River Delta Integration, Greater Bay Area Development and Beijing-Tianjin-Hebei Integration. If done right, this strategy can also help shift China onto a low-carbon pathway.
With new papers on fossil fuel subsidies and the Paris Agreement on climate change, the IMF is exploring ways it can help address the climate crisis.
A new report from the Indonesian government finds that the country can slash emissions almost 43 percent by 2030 while growing GDP 6 percent per year until 2045. The findings will feed directly into the government's next five-year development plan.
We don't know the future. We do know there would be huge benefits to shifting towards a low-carbon economy. Here are answers to seven of the most-asked questions about the economics of the NCE report.
Representatives from the New Climate Economy and the UNFCCC will discuss the economic and employment implications of 21st century sustainable development. Participants will also hear about the main outcomes from COP24, and about the relationship between climate negotiations and economic research.
Nearly 70 percent of us will call cities home by 2050. To ensure that cities reap the economic benefits of this population boom, though, research shows they need to grow up, not out.
This paper discusses the opportunity to align Chinese Belt and Road investments with country Nationally Determined Contributions. It also provides an initial overview of the degree to which Chinese energy and transportation investments in the BRI countries from 2014 to 2017 align with the green priorities communicated in BRI countries’ Nationally Determined Contributions.
Europe feels a long way from Yokohama, site of a recent world forum on the circular economy. But Europe is actually at the forefront of the global push for sustainability, which offers a huge competitive advantage.
New research finds that ambitious climate action could yield a direct economic gain of $26 trillion (cumulative) by 2030. It could also generate more than 65 million new low-carbon jobs in 2030—equivalent to the entire workforces of the UK and Egypt combined—and avoid more than 700,000 premature deaths from air pollution.
This issue brief provides insight on how incorporating emissions target mechanism into a strong national carbon tax can help ensure the intended emission reductions are delivered. It is part of a series of WRI research devoted to designing a national carbon price in the United States.
From International Women's Day to Women's History Month, March is a good time to focus on gender equality -- and the need to support women who are the most vulnerable to climate impacts. Tackling this challenge is essential to creating a global sustainable economy.
This guide was developed for technical advisors to government officials, business people, investors, and others who need to draw on ecosystem assessments to inform decision-making. It assesses several types of ecosystem service modeling tool, discusses issues involved in modeling ecosystem services, and provides guidance on how to choose the right model to address a specific policy question. The guide outlined five steps to help decide which model to use in a particular decision-making context. It especially targets advisors and decision-makers in developing countries who are not experts in ecosystem service modeling and who have limited information and technical resources but must make decisions about natural resource management in relation to ecosystem services.
Mahindra Rise Chairman Anand Mahindra told a World Economic Forum crowd that climate action is “the next century’s biggest business and financial opportunity.”
The World Economic Forum's new Global Risks Report is out and the results are clear: Business leaders are increasingly concerned about climate change's effect on their bottom lines.