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
How central bankers speak about climate and what this means for financial markets
Central banks have increasingly engaged with climate-related topics in their public communication, but little is known about the drivers and effects of this shift. This
A smart European strategy for electric vehicle investment from China
Chinese EV investment aids EU decarbonisation but brings risks, needing a united EU strategy to align it with climate, industrial and security aims. The European
Hacking the heat: How data innovations can help cities face a rising threat
In Paris, authorities closed more than 1,000 schools — and the summit of the Eiffel Tower — during last month’s heatwave. In Eastern China, the power grid
Finding the signal in the score: How the World Bank Group is aligning the Scorecard and impact evaluations
For years, the World Bank Group’s systems for measuring results operated in parallel tracks: corporate Scorecards that monitored performance through outcome-level targets, and impact evaluations
Building coalitions for climate transition and nature restoration
Global climate and biodiversity outcomes will largely be determined in emerging and developing economies (EMDEs). We propose a four-pillar strategy to support climate and nature
Global action without global governance: A four-pillar strategy for climate and nature
Advanced economies alone can no longer determine climate outcomes. Emerging and developing economies – home to two-thirds of current emissions and most of the world’s
Implementing the EU Nature Restoration Law: exploring pathways for member states
The European Union Nature Restoration Law (NRL) entered into force in 2024. The NRL sets quantitative restoration targets aimed at improving natural habitats that are
Sovereigns on thinning ice: debt sustainability, climate impacts and adaptation
A fundamental problem for sovereigns enacting climate policies is whether they can manage increasing debts as their economies suffer from adverse climate impacts. We develop
