This paper studies climate-related central bank communication using a novel dataset containing 35,487 speeches delivered by 131 central banks from 1986 to 2023. It employs natural language processing techniques to identify and trace the evolution of key climate-related narratives centred around (i) green finance, and (ii) climate-related financial risks. Equity returns of "green" firms outperform those of "dirty" firms...
Energy poverty is a multidimensional issue, as demonstrated by a comparison between two low-income countries, Bolivia (BOL) and Côte d’Ivoire (CIV), and a high-income European country, France (FRA). These three countries represent different stages of access and energy poverty. The findings highlight the importance of considering affordability in efforts to ensure universal energy access, to...
Aubert, N., Couppey-Soubeyran, J., Didier, R., Dufrêne, N., Hollandts, X., Lagoarde-Ségot, 1 T., Le Quang, G., Le
Poder, L., Massa, I., Mathieu, A., Peters, A., Ponsot, J.F., Revelli, C., Scialom, L., Sersiron, A., Toure, S., Van
Weeren, M.
The report attempts to respond to the UN Secretary-General's recent call for "innovative approaches and bold policy decisions" to tackle the SDGs (UN, 2023). It attributes the existing finance gap to the unrealistic assumptions of the dominant macroeconomic paradigm, which it proposes to replace with new assumptions that are better able to address the...
Groundwater plays a critical role in supporting economic activities in Africa, particularly in regions affected by climate change-induced water scarcity. This study examines the economic implications of groundwater in relation to conflict dynamics in these regions. The findings underscore the need for developing equitable water management strategies to mitigate conflict and promote sustainable development...
This article looks at how to make fiscal, monetary and prudential policies greener in order to address the massive financing needs and major risks associated with climate change.
Starting with the observation, based on the recent experience of the financial and health crises, that the separate and independent implementation of monetary and fiscal policies undermines...
Bioenergies from dedicated crops or wood have faced substantial criticisms due to their significant land requirements. Certain bioenergy pathways, such as biogas generated from crop residues, manure, or food waste, appear to be exempt from this criticism. However, these feedstocks are byproducts of agricultural activities that generate emissions not covered by current climate policies in...
This paper studies the long-term consequences of a zero-growth regime on the evolution of employment and unemployment, depending on the assumptions we can make concerning the evolution of the working population, labor productivity and working hours. These consequences are examined through three scenarios. This leads us to conclude that the goal...
Les pratiques de mobilité des Français. Graphiques de novembre 2024 issus d’une analyse avec Fabien Perez (SDES) à partir des données de l’enquête mobilité des personnes (EMP) de 2019.
Despite extensive research on sustainable business models and the development of various tools to facilitate their implementation, barriers persist particularly concerning the governance of a local ecosystem of actors. We identify that a facilitating public policy framework combined with internal institutional, strategic and operational drivers linked to the governance of local ecosystems is crucial...
Cette note a pour but de présenter de manière synthétique les modèles mathématiques utilisés aujourd’hui par la communauté des économistes du climat et leurs limites. Ces modèles sont utilisés à la fois pour dimensionner les mesures à prendre pour limiter le changement climatique et pour évaluer les impacts du changement climatique sur le système...
