The political economy of climate policy: Evidence from the American Clean Energy and Security Act
Comprehensive national climate legislation remains elusive in the US. Linking district-level employment to roll-call behaviour in the 2009 House vote on the American Clean Energy
The complex linkages between euro area insurers and sovereign bond markets
Over the past decade, euro area insurers have been challenged by the prolonged period of low interest rates until 2022 and climate-related risks, particularly for
World Governments Summit highlights AI’s transformative role in government-led climate action
The report comes at a pivotal time, as countries grapple with rising global temperatures and increasingly complex environmental challenges. The World Governments Summit Organisation, in
The macroeconomic implications of extreme weather events: Insights from advanced economies
Extreme weather events are increasing in frequency and intensity, yet their macroeconomic impacts remain poorly understood. This column argues that the highly localised nature of
Integrating pollution registers for corporate climate-risk assessment
Corporate climate risk disclosures are costly and often a mere box-ticking exercise. In November 2024, the Omnibus Environmental, Social and Governance Regulation was announced in
Bank climate commitments and green lending in emerging markets
The low-carbon transition requires substantial financial mobilisation, yet it is unclear whether banks’ public climate commitments represent real change or simply greenwashing. This column uses
The double-edged sword of AI: Potential for productivity, solutions, and societal risks
Quantitative analysis of how AI impacts our professional lives, the integrity of organisations, and even our cognitive skills is essential to harness the power of
Navigating the human impact of disasters: Introducing a new climate toolkit
Droughts, floods, storms, and heatwaves are no longer isolated events—they are reshaping how people live, work, and thrive. Beyond damaged roads or lost harvests, disasters
Race cars and hydromet systems: What do they have in common?
Professional race cars and hydromet (weather, water, and climate forecasting) systems may seem worlds apart, but they have more in common than we realize. Both
From words to deeds: Incorporating climate risks into sovereign credit ratings
Climate-related risks are increasingly recognised as an important threat to long-term fiscal sustainability. This column studies the extent to which credit rating agencies integrate these
