Paris Agreement - The Climate Deal
The international political response to climate change began at the Rio Earth Summit in 1992, where the United Nations Framework Convention on Climate Change was adopted. The Rio Convention set out to limit average global temperature increases by reducing greenhouse gases. The annual Conference of the Parties (COP) reviews the Convention's implementation.
In 2015, COP21 aimed to achieve a new universal, legally binding agreement on climate change with the objective of keeping global warming below 2°C by the year 2100. A 2°C rise in global temperatures from pre-industrial levels is the highest increase the world can afford to prevent the worst effects of climate change.
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Blockchain and Tokenized Securities: The Potential for Green Finance
Tokenized securities are currently limited by immature infrastructure and regulatory uncertainty, while promising significant potential benefits compared to conventional financing mechanisms. -
Analyzing the Falling Solar and Wind Tariffs: Evidence from India
Changes in financing costs could drive future decreases in both solar and wind tariffs. -
Effectiveness of Foreign Development Assistance in Mitigating Natural Disasters’ Impact: Case Study of Pacific Island Countries
While natural disasters greatly hinder economic growth in the South Pacific region, official development assistance significantly mitigates such adverse effects. -
The Impact of the Green Energy Infrastructure on Firm Productivity: Evidence from the Three Gorges Project in the People’s Republic of China
Policy makers need to consider the broad benefits of green renewable energy beyond the conventional cost–benefit trade-off. -
Green Bonds for Financing Renewable Energy and Energy Efficiency in Southeast Asia: A Review of Policies
Green bonds have been attracting increasing interest as an alternative source to finance low-carbon investments.