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Disentangling what Drives Global Urea Price: Short-Run and Long-Run Effects

Chercheurs associésEmma SkalskiPolitiques sectoriellesPublicationsResearch areaWorking papersCommentaires fermés sur Disentangling what Drives Global Urea Price: Short-Run and Long-Run Effects

The concurrent surge in fuel, food, and fertilizer prices underscores the broad vulnerability of agrifood system in an interconnected global economy, where supply chain disruptions can propagate rapidly. It also highlights the urgent need for a deeper understanding of the short-and long-term drivers of the price of the world's most widely used nitrogen fertilizer: urea. To address this knowledge gap, our study employs a Vector Error Correction Model using global monthly data from 1985 to 2023. 

Public Banks and the Ecological Transition: Towards a Paradigm Shift in European Financial Policy

Chercheurs associésDominique PlihonPublicationsRégulations financières et financements innovantsResearch areaSandra RigotWorking papersCommentaires fermés sur Public Banks and the Ecological Transition: Towards a Paradigm Shift in European Financial Policy

Since 2015 the European Union has positioned itself as global leader in the ecological transition, placing the goal of carbon neutrality by 2050 at the heart of its economic and financial agenda. This article examines the role of public banks, particularly the European Investment Bank (EIB), in structuring the financing of the green transition.

Quelle finance pour avancer vers l’autonomie stratégique ?

Industrie, décarbonation, défense… l’Europe multiplie ses objectifs stratégiques et compte sur les marchés financiers pour les financer. Mais la bataille pour l’autonomie stratégique commence peut-être dans le système financier lui-même, par des règles protectrices et des outils innovants de financement public.

From Demand Deficit to Development Strategy: Navigating Mini-grid Viability in a Fragile Context

Accès à l'énergiePublicationsPublicationsResearch areaCommentaires fermés sur From Demand Deficit to Development Strategy: Navigating Mini-grid Viability in a Fragile Context

Four in five people without access to electricity live in Sub-Saharan Africa, where mini-grids are seen as a key solution. Yet investment remains constrained by low and unpredictable demand, especially in fragile settings. We study electricity demand in North Kivu (Democratic Republic of Congo), using pre-grid census and survey data combined with six years of post-connection consumption records.

Subsidising Electric Cooking to Protect the Environment: Evidence from a Randomized Trial in the D.R. Congo

Accès à l'énergieChercheurs associésMathieu CouttenierPublicationsRaphaël SoubeyranResearch areaWorking papersCommentaires fermés sur Subsidising Electric Cooking to Protect the Environment: Evidence from a Randomized Trial in the D.R. Congo

This randomized controlled trial investigates how to accelerate the transition to the cleanest cooking fuel, electricity, and quantifies the benefits for people and the environment. 

Historical Carbon Debts and Credits – 1750-2023

Chercheurs associésPublicationsTobias AngelWorking papersCommentaires fermés sur Historical Carbon Debts and Credits – 1750-2023

Historical contributions of carbon emissions differ widely between nations, constraining climate change negotiations. Cumulative country estimates ignore historical populations, overstating the role of large-population countries. In this paper, we present a global accounting framework. Adding CO2 emissions from land use change radically reshapes the map, moving Brazil from the world’s 8th largest creditor to the 3rd largest debtor. Yet, it does not change the position of the US, China and India.