Past cap-and-trade programmes have tended to encourage polluters to adopt existing abatement technologies, but have generally had little effect on innovation. This paper presents new evidence that the EU Emissions Trading System (EU ETS) may have bucked this trend and encouraged innovation rather than adoption.

Past cap-and-trade programmes have tended to encourage polluters to adopt existing abatement technologies, but have generally had little effect on innovation. This paper presents new evidence that the EU Emissions Trading System (EU ETS) may have bucked this trend and encouraged innovation rather than adoption.

This policy brief outlines and analyses worldwide trends in legislation and litigation on climate change. The analysis covers legislative activities in 177 countries with varying economic contexts and income levels. The data informing this brief clearly shows that no country is acting alone on climate change.

Drought events have critical impacts on agricultural production yet there is little consensus on how these should be measured and defined. This has implications for drought research and policy, which tends to either define droughts purely based on rainfall or focus uniquely on 'hot' droughts when temperature is considered.

This policy brief is based on a roundtable discussion attended by representatives from the government, private financial sector, and research community on how the UK can capitalise on global opportunities for low-carbon goods and services, held in London in March 2017.

Energy is needed for economic growth, and access to cheap, reliable energy is an essential development objective. Historically most incremental energy demand has been met through fossil fuels, however in future that energy will have to be low-carbon and ultimately zero-carbon.

Using household-level data from the American Housing Survey, this paper assesses the cost of adapting housing to temperature increases. The authors account for both energy use adjustments and capital adjustments through investments in weatherization and heating and cooling equipment.

Climate change poses increasing risks to economic growth and development efforts across the world. Semi-arid regions (SARs) are one of the hotpots that have been identified by the Intergovernmental Panel on Climate Change as being particularly exposed and vulnerable to the impacts of climate change.

Following the 2016 entry into force of the Paris Agreement, governments are now expected to turn their greenhouse gas emissions pledges into concrete climate policies.

This paper estimates the causal eff

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