Published in European Journal of Economics and Economic Policies: Intervention, Vol. 22 No. 3, 2025, pp. 370–391 We study the macroeconomic impact of climate action...
This study examines the impact of climate aid on deforestation in Africa from 2001 to 2021, using a novel dataset of geocoded aid projects. The effects are heterogeneous and vary by initial forest cover: aid increases deforestation in densely forested areas, while it appears to reduce deforestation where forest cover was initially sparse.
