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Unravelling the Narratives of the Climate Finance

Since the early 2000s, the public debate has gradually filled with normative proposals aimed at tackling the two-way climate finance challenge (how finance impacts climate stability and how finance can be impacted by climate change) – the “climate finance agenda”. Yet, although parts of this agenda are already discussed by the literature, scholars still lack an overview of the prescriptions that compose this agenda and of their underlying narratives. This article addresses this gap. 

Inequality and social unrest in India

We show that inequality triggers social unrest in rural India. We develop a theoretical framework where social unrest is rationally used by civilians to oppose (unfair) surplus sharing by the elite. 

Coordination of sectoral climate policies and life-cycle emissions

The present paper addresses the issue of sectoral policy coordination, especially when Pigovian carbon pricing is unavailable. It analyzes the optimal allocation of mitigation effort among two vertically connected sectors, an upstream (e.g. electricity) and a downstream (e.g. transportation) one.

Extending the limits of the abatement cost

The paper examines the relevant cost benefit framework for state agencies investigating the potential of local projects to mitigate climate change. We propose a new metric that incorporates into the analytical framework the dynamic interactions between the project and its continuation.

Profitability and Revenue Uncertainty of Wind Farms in Western Europe in Present and Future Climate

PublicationsPublicationsResearch areaResearch FellowsSectoral PoliciesComments Off on Profitability and Revenue Uncertainty of Wind Farms in Western Europe in Present and Future Climate

Article published in Energies 2022, 15. Investments into wind generation may be hampered by revenues uncertainty caused by the natural variability of the resource, the...  

Credit Risk Sensitivity to Carbon Price

Based on the 2018 Intergovernmental Panel on Climate Change scenarios, this article studies the credit risk sensitivity of 795 international companies to carbon prices.

Enhancing financial transparency to mitigate climate change: Towards a Climate Risks and Opportunities Reporting Index

Using the IPCC (2018) medium (2024) and long-term (2060) scenarios, this study analyzes the credit risk sensitivity of 763 international companies.

Why local initiatives for the energy transition should coordinate. The case of cities for fuel cell buses in Europe

Article accepted in the Revue d’Economie Industrielle Hydrogen is a possible alternative to the internal combustion engine, alongside battery-powered vehicles, in the context of reducing greenhouse...  

Green bond: the emperor wears no clothes

This article demonstrates that the green bond cannot constitute an incentive to carry out a green project.

How to re-conceptualise and re-integrate climate finance into society through ecological accounting?

We propose an exploratory and theoretical study which introduces how and why a particular and innovative ecological accounting approach, the CARE model, currently called upon by a growing number of practitioners and researchers, is a relevant framework to re-conceptualise the issue of climate finance