Our monthly Digests are curated by economists working on climate economics. They are based on the curator’s latest research and highlight the most critical contributions to a specific subject. The Digests aim to illuminate current research and policy debates on mitigating and adapting to climate change from an economic perspective. By distilling complex academic papers into an accessible format, the Digests enable readers to efficiently keep up with this rapidly evolving research area. The series offers a reliable source of current climate economics knowledge to inform analysis and decision-making.

Frank Weikai Li (Hertie School) explore the research on whether consumers care about firms' ESG reputation

Monica DiLeo (Hertie School) discusses the role of different public institutions in the green transition.

Luca Taschini (University of Edinburgh Business School, LSE-GRI) shows how central banks can implement optimal mechanisms to adjust the supply of allowances.

In this Digest, Romain Fillon (Université Paris-Saclay, CIRED and PSAE) explains how to incorporate tipping points risks into climate policy modeling.

Green Credit Guidance

Historically, central banks and other financial policymakers have played far larger roles in supporting structural economic transformations through the use of credit policies. In this Digest, Katie Kedward (UCL Institute for Innovation and Public Purpose) reflects upon the potential relevance of credit policies to support the green transition.

Growth and Global Warming

Ishan Nath (Federal Reserve of San Francisco) highlights the effects of global warming on economic growth and discusses why some related research reaches contradicting conclusions.

Jens van't Klooster (University of Amsterdam) and Eric Monnet (Paris School of Economics and CEPR) look at how tight monetary policy impacts low-carbon investments. Most importantly, they suggest green credit policy instruments, central banks can use, that will enable them to address inflationary pressures without jeopardizing the long-term decarbonization of the economy.

Understanding the linkages between climate vulnerability and sovereign debt risk is pivotal for countries that want to step up their climate mitigation strategies. Bhavya Gupta (National University of Singapore) and Ramkishen S. Rajan (National University of Singapore) have curated the most recent theoretical and empirical literature on the effects of climate on sovereign debt risk.

The recent experience with surging inflation, partly driven by supply shocks to the energy sector, has ampiflied concerns over "greenflation," inflationary pressures resulting from the transition to sustainable energy sources. For this digest Conny Olovsson (ECB and Sveriges Riksbank) and David Vestin (Sveriges Riksbank) have curated the most recent literature on the theoretical and empirical findings on how greenflation arises and what central banks can do to curb it. They, and the papers they have chosen, highlight the central role for foresighted monetary policy as well as a smooth carbon taxation path.

Upload Research

  • Accepted file types: pdf, Max. file size: 50 MB.

Subscribe to Our Newsletter

Donate Now